Crisis Looms in Market for Mortgages
Hanging in the balance is the nation’s housing market, which has been a big driver of the economy. Fewer lenders means many potential homebuyers will find it more difficult to get credit, while hundreds of thousands of homes will go up for sale as borrowers default, further swamping a stalled market.
http://www.nytimes.com/2007/03/11/business/11mortgage.html?hp
Loan turmoil closes doors for buyers
Sharon Lewis is facing a 50% hike in the payment on her adjustable-rate mortgage next month.
http://snipurl.com/1cp54
From Information Clearing House
http://www.nytimes.com/2007/03/11/business/11mortgage.html?hp
Loan turmoil closes doors for buyers
Sharon Lewis is facing a 50% hike in the payment on her adjustable-rate mortgage next month.
http://snipurl.com/1cp54
From Information Clearing House
rudkla - 11. Mär, 22:57
