We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Guaranteed failure

17 October 2008

The government s plan to back Wall Street s borrowings has led investors to dump mortgage bonds in favour of bank debt pushing home loan interest costs up sharply. That should reverse, given time. In the meantime, the US has few options to give home buyers a break.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)