US house sales 'in freefall' as lending conditions tighten
Story date: 2007-10-03 07:02:00
Added on: 2007-10-03 14:31:46
Financial Times - ... signed purchase agreements for existing homes dropped 6.5 per cent to the lowest ... Caution among banks and investors about increasing their exposure to the US mortgage ... risk of a recession, despite the Federal Reserve's decision to cut interest rates ...
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