Weather the perfect storm (Moneymanager)
Story date: 2008-04-23 12:16:31
Added on: 2008-04-23 16:00:18
High interest rates and faltering property values in Australia and recession in the US are creating "the perfect storm" for debt-laden consumers, according to the author of a research paper on mortage stress.
Read more...
Related Stories:
-
An Economist's View: The Perfect Storm (KTVN Reno)
You probably know about all of the things being hurt by the economy, but you may not know how things got this...
2008-07-21 07:11:59 -
UPDATE 1-Barrick CEO seeing a "perfect storm" for gold
Reuters - TORONTO, Sept 19 (Reuters) - Current U.S. conditions of low interest rates and potential inflationary pressures are a "perfect storm"...
2007-09-19 12:19:00 -
A "perfect storm" for gold -- Barrick CEO
Reuters - Last: TORONTO, Sept 19 (Reuters) - Current U.S. conditions of low interest rates and evident inflationary pressures are a "perfect...
2007-09-19 12:19:00 -
Property turmoil sees rents hit £1,000 - This is Money
Buy-to-let landlords taking a battering from the mortgage storm have received a ray of sunshine with the news that average rents have...
2008-05-03 03:46:00 -
Major Storm Moves Toward Massachusetts (WCVB Boston)
Winter-like weather returns with a vengeance Monday as the National Weather Service issues a winter storm watch for all of Massachusetts except...
2008-01-12 04:32:49 -
Tenancy-in-common fractionalized loans weather the mortgage storm (San Francisco Chronicle)
With defaults rising like an interminable tide, cresting in foreclosures that crash upon our land, the blame has often focussed on lenders...
2008-02-01 12:42:47 -
Chancellor ‘must weather economic storm’ in Budget (The Herald)
Andrew Woodcock Chancellor Alistair Darling must use today's Budget to prepare for a possible "perfect economic storm" over the next few years,...
2008-03-11 05:12:00 -
One in 40 homes here in foreclosure (Queens Courier)
Our city is at a critical juncture in the subprime mortgage crisis. Our neighborhoods are seeing a perfect storm of stagnant wages,...
2008-02-20 09:03:27
