subprime-mortgages
The End of Easy Money- by Greg Strid
The End of Easy Money
Stock markets around the world have been slapped
around the past few days, with the worst carnage
occurring today. The venerable Dow and S&P indexes
were each down by 2.3 percent, and the tech-laden
Nasdaq was off 1.8 percent. Losses of 2 percent were
the norm across continental Europe; the greatest pain
was experienced in Great Britain, [...]
Take my house, please!
The housing market has been cooling off as of late. The sale of single-family homes declined 5 percent from June to July, and are off 11.4 percent from a year ago. Although the national median home price rose 1.5 percent over the past twelve months, there are signs that the frothiest coastal markets are [...]
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