Relevant:
- Mortgage-Bond Slump No `Fun' for Housing as Rates Increase: Credit Markets
- Americans Reduce Housing Debt; No Longer Seen As "Leverageable Asset"
- Hedge Fund Managers in Monaco Say Credit Crisis to Worsen
- Canada Courts Housing Bubble IMF Sees as Risk With Record Rates: Mortgages
- 'Experts' Who Actually Know What Is Going On
2007-12-11 — blogspot.com
'The U.S. housing slump has pushed money-market rates to the highest in at least six years, adding to record oil costs and the strongest euro ever in hurting companies. Investors expect the credit squeeze to continue beyond the first quarter of 2008, the Bank for International Settlements said yesterday. '
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