Which of these events would most likely lead to a rise and interest rates for home mortgages
A The prices of homes for sale in a certain city rise by a great deal
B Many new lenders offering home mortgages
C Hime Sales increase greatly for several months in a row
D The average time needed to sell a house doubles
A The prices of homes for sale in a certain city rise by a great deal.
When prices of homes rise significantly, it may indicate a growing demand for housing in that city. In response to the increased demand, lenders may raise interest rates for home mortgages to capitalize on the higher prices and potentially higher profits.