Brace yourself for the insolvency crunch
"We already thought there was a 40pc chance of a US recession before all this happened, but the risks are now much higher and don't forget that rates on adjustable mortgages will keep rising until a peak next March, so the maximum pain will be in the second and third quarters of 2008."
http://blogs.telegraph.co.uk/business/ambrosevanspritchard/august07/marketmayhem.htm
From Information Clearing House
http://freepage.twoday.net/search?q=mortgages
http://blogs.telegraph.co.uk/business/ambrosevanspritchard/august07/marketmayhem.htm
From Information Clearing House
http://freepage.twoday.net/search?q=mortgages
rudkla - 25. Aug, 10:29
