Problem
In the aftermath of the subprime financial crisis of 2007-2009, an increase in real interest rates was expected in the United States (as a part of the Federal Reserve "exit strategy"). Using a graph, explain the effect on residential investment of an increase in real mortgage rates.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.