Date: July 7th, 2008

Back to the future via rental?

7 July, 2008 (08:55) | Markets, Subprime, Tenure, US News | No comments

Pendulums swing back, don’t they?
 

Where do interest rates figure in the equations?
 
In 2006 the US homeownership rate was up to 68.8%, a two-and-a-half percentage hike from the rate only eight years earlier, before subprime and adjustable rate financing zoomed into the marketplace, when the US homeownership rate was 66.3%.  Nor was that the crest; at [...]