The problem is not the “subprime” mortgages, but “prime”
- Posted by Marc on September 20th, 2008 filed in real state
- Comentar ahora »
We attach a very interesting chart in which you can appreciate even as subprime mortgages were the first in present crisis, now “prime” mortgages are are behaving worse lately, showing therefore, that the mortgage problem is not concentrated in certain risky loans but is a problem throughout the mortgage market.
delinquencies growth in subprime and prime loans 2007-2008 (source FT)
«« read previous post: ¿Are we close to a capitulation in the stock market? | read next »»
Join the conversation
You must be logged in to post a comment.