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英语翻译2.The crisis began with the bursting of the US housing b

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英语翻译
2.The crisis began with the bursting of the US housing bubble and high default rates on “subprime” and adjustable rate mortgages(ARM) .Loan incentives ,such as easy initial terms ,in conjunction with an acceleration in rising housing prices encouraged borrowers to assume difficult mortgages on the belief they would be able to quickly refinance at more favorable terms .
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英语翻译2.The crisis began with the bursting of the US housing b
这场危机首先由美国的房价泡末,次贷的高利率,和抵押贷款利率可调整引起.
借贷激励 列如 早期借贷条款与房价加速上升鼓励了借贷者让相信他们能够在这样有利的条件下快速的再次筹到钱