13% of outstanding mortgages now “subprime.”
“Subprime” loans are made to borrowers whose credit scores are low, or whose income is not high enough for the amount being borrowed. The rates are higher than those given to “prime” borrowers. …
Debt Management, mortgage and credit news - a blog for the average consumer.
Pages
-
Categories
Search
-
Archives
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
- August 2006
- July 2006
- June 2006
- May 2006
- April 2006
- March 2006
- February 2006
- January 2006