Question

During the Depression foreclosure rates skyrocketed. What was the main cause? a.People went into foreclosure when they left their homes to find jobs in other cities. b.When banks folded they cancelled their mortgages and homes went into foreclosure. c.The interest rates on home loans ballooned and families could no longer afford payments. d. Families without employment had little in savings to pay their mortgage.

Answer 1

the correct answer among them is C

Answer 2

c) The interest rates on home loans ballooned and families could no longer afford payments.

Step-by-step explanation:

A great many Americans lost their positions, and the majority of their money that was in the bank, implying that they were all unfit to pay their home loans bringing about foreclosure.