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August 9, 2007

4

Mortgage Delinquencies Spreading Beyond Subprime

by Bob Schwartz

San Diego condosDow component American International Group was recently saying it sees mortgage delinquencies spreading beyond subprime to prime has exacerbated the early knee-jerk reaction in equities and flight to quality into Treasuries as the market gets back to repricing the housing bust risk.[tags]mortgages,subprine,home loans,AIG,real estate bust,housing market[/tags] San Diego real estate library

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4 Comments
  1. Aug 10 2007

    I KNOW my San Diego bail bond business will be picking up as our real estate market goes from bubble to BUST!
    San Diego bail bonds

  2. Mar 21 2008

    Homeowners should be prepared to ride out the current fluctuation, because in the long run values should continue to escalate.

    Carrie
    San Diego California Real Estate

  3. Seems there should have been more government regulation and tighter qualification for subprime mortgages in order to prevent what we’re now facing.

    Kevin
    San Diego California Dentists

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  1. San Diego Home Foreclosures … The Worst is Yet to Come! » San Diego real estate

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