Alan Krueger: I Couldnt Get a Mortgage

What was the speaker's profession that they believed should have helped in securing a mortgage?

• A banker

• A real estate agent

• A professor and author

• A lawyer

What was the primary concern of the bank regarding the mortgage application?

• The speaker's credit score

• The condition of the property

• The speaker's employment status

• The location of the property

What percentage of down payment did the speaker offer to make?

• 50%

• 70%

• 20%

• 30%

According to the speaker, what has become too rigid in the financial sector?

• Customer service

• Regulations

• Loan terms

• Interest rates

What does the speaker predict will happen if credit conditions loosen up?

• More people will default on loans

• Higher interest rates can be overcome

• Property prices will fall

• Interest rates will decrease