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03/31/07
Subprime mortgage woes are likely to spread
Filed under: General, Mortgages
Posted by: Lillian Wong @ 5:28 pm

Most economic forecasters in a new WSJ.com survey believe recent turmoil in the subprime mortgage market is likely to spread to the broader mortgage market and they expect a widely followed index of home prices to fall this year. But they still think the U.S. will avoid a recession and even a significant rise in unemployment.  More…

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