Monday, August 27, 2007

Tough Times Are Still Ahead for U.S. Home Market: John F. Wasik (Bloomberg.com)

Aug. 27 (Bloomberg) -- If you think the worst is over for the U.S. home market, hold on to your hats. The credit crunch is not only making mortgage financing tougher, it will force more homeowners into foreclosure. The surge of more bargain homes on the market will further depress prices.

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[Source: Yahoo! News Search Results for home equity loan]

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