The Telegraph says demand for subprime bonds surged in the first part of 2013, leading global investors to fear a repeat of the financial crisis.
The demand for subprime bonds is higher with yields on Treasury bonds still low, The Telegraph added.
The paper quotes Peter Schiff, head of investment firm Euro Pacific Capital, as saying it seems the financial markets are willing to travel down the same road again.
Another subprime bomb on the way? | HousingWire.
Just back out of hospital in early March for home recovery. Therapist coming today.
Sales fell 5.9% from September and 28.4% from one year ago.
Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in…
OneKey MLS reported a regional closed median sale price of $585,000, representing a 2.50% decrease…
The prices of building materials decreased 0.2% in October
Mortgage rates went from 7.37% yesterday to 6.67% as of this writing.
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