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Thursday, October 13, 2005

Risky Mortgage, Rates and Credit

by Calculated Risk on 10/13/2005 01:54:00 AM

Some more reading ...

Dr. Thoma reviews a new Fed Study: The Dallas Fed: Has the Housing Boom Increased Mortgage Risk?

CNN reports: Mortgages: Bracing for 6%

30-year mortgage rates look set to rise above 6 percent for the first time since July 2004, potentially helping set the stage for a slowdown in home sales.
And from the LA Times: Life on Financial Edge to Get Tougher