Thursday, July 19, 2007

Sub-prime road ahead ‘not pretty’: So obvious this would happen!!

Sub-prime road ahead 'not pretty

Sub-prime road ahead 'not pretty' By Tom Stevenson Last Updated: 1:10am BST 18/07/2007 # Funds 'may threaten markets in downturn' The US sub-prime mortgage debacle has only just begun, experts said yesterday, with defaults on risky home loans likely to soar as temporary "teaser" rates come to an end this year and next.

Posted by eric pebble @ 03:09 AM (458 views)
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