Monday, August 6, 2007

Housing Market to Weaken Even Further As Mortgage Industry Takes Cure (WallStreet Journal via Yahoo! Finance)

The home-mortgage industry is finally swearing off high-risk loans to people with bad credit, after years of lax lending. But this is creating a vicious circle that will make the housing market even weaker in the near term.

Read More...

[Source: Yahoo! News Search Results for housing loan]

No comments: