Affluent homeowners, too, have mortgage problems (International Herald Tribune)
Story date: 2008-03-19 12:30:51
Added on: 2008-03-19 19:24:38
Just like those other buyers, these consumers took out adjustable rate mortgages to buy houses they would otherwise not have been able to afford at the peak of the housing bubble.
Read more...
Related Stories:
-
The Affluent, Too, Couldn’t Resist Adjustable Rates (NYTimes.com via Yahoo! Finance)
Even affluent consumers with annual incomes of $100,000 or more are increasingly being ensnared in the home mortgage crisis....
2008-03-20 12:39:03 -
Now Sydney's affluent hit (Sydney Morning Herald)
Mortgage stress caused by higher rates and share slump is now hitting Sydney's more affluent suburbs....
2008-03-12 07:40:56 -
Affluent in Spanish (Marketing Y Medios)
From tennis to tequila, Latinos are going upscale. NEW YORK Perhaps nothing symbolizes the rise of the affluent Latino consumer more than...
2008-07-14 04:15:41 -
Now Sydney's affluent hit
Sydney Morning Herald - The current interest rate environment and rising costs of living are exacerbating the situation and creating the risk...
2008-03-12 09:23:00 -
Luxury builder to endure
Baltimore Sun - The nation's largest builder of luxury homes has the best position in a very bad industry situation. It is...
2007-11-04 05:31:00 -
Slump takes less toll on Toll
Chicago Tribune - A The nation's largest builder of luxury homes has the best position in a very bad industry situation. It...
2007-11-03 11:50:00 -
Frugality steals into richest US households - Financial Times
The mood of frugality that has led US consumers to seek out discount retailers such as Wal-Mart and Costco has increasingly spread...
2008-08-10 10:03:00 -
Put home in your portfolio
Spectrum - Secure a mortgage without disrupting investment strategies. Instead of borrowing from banks or hastily liquidating investments, affluent home buyers are...
2008-01-06 03:40:00