U.S. subprime crisis to worsen as loan rates reset: WSJ (Chinapost.com.tw)

Story date: 2007-11-24 08:29:06
Added on: 2007-11-25 07:31:23

The U.S. subprime mortgage crisis is to worsen in the coming year with the number of foreclosures and home-loan defaults set to spike because of automatic interest rate rises, The Wall Street Journal reported Saturday.


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