Tuesday, October 7, 2008
Mortgage mess
Making sense of the mortgage meltdown
(
via
The Great Loan Blog
)
Note: the folks most hurt by the fall in prices were, naturally, those at the end of the "Ponzi-ish" increase in home prices in
some
markets... Most of those who purchased homes 5+ years ago still are 'ahead' (some well ahead, some barely...)
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