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Buzzword: LIBOR
Sep 7, 2007
This week, the LIBOR rose to a six-year high. And if you have an adjustable-rate mortgage, you know that's not a good thing.
How far down will housing drag us?
Steve Tripoli Sep 6, 2007
Three key indicators popped onto economic radar screens yesterday and none of them brought good news. The credit and housing crises are starting to impact the larger economy, but are we on the steep road to recession? Steve Tripoli reads the signs.
An own-to-rent solution
Scott Jagow Sep 6, 2007
Congress wants to help homeowners who are struggling to keep up with skyrocketing subprime mortgages. Forget a traditional bailout, Chris Farrell explains the beauty of the own-to-rent plan.
Vatican raises the rent
Sep 5, 2007
Beyond St. Peter's Basilica, the Vatican owns a lot of pricey real estate in Rome. Many of its tenants had come to believe they were protected from rising rents. But, as Megan Williams reports, their faith was misplaced.
To bail out or not to bail out...
John Dimsdale Sep 5, 2007
Yesterday the Fed urged lenders to work out new loan terms for borrowers who risk defaulting on their mortgages, but that's only a request, not a requirement. Now it's Congress's turn. Will taxpayers pay to fix the subprime mess? John Dimsdale reports.
Hard time finding qualified buyers?
Stacey Vanek Smith Sep 5, 2007
One consequence of the subprime collapse is that mortgage lenders have made it lot harder to get a home loan. Some say too hard, especially in cities where home prices are high. Stacey Vanek-Smith explains.
Small steps taken for troubled borrowers
Steve Tripoli Sep 10, 2007
The Federal Reserve has asked mortgage lenders and loan companies to ease up on subprime borrowers who might be facing foreclosure. Marketplace's Steve Tripoli discusses the details with Kai Ryssdal.
Will Congress bail out lenders? Borrowers?
Steve Tripoli Sep 4, 2007
Congress returns from recess this week. First up: what to do about the mortgage meltdown and ensuing credit market crisis. Some worry that lawmakers will be too generous with taxpayer money in the fix. Steve Tripoli reports.
Bush's rescue plan for ARM refugees
John Dimsdale Sep 1, 2007
President Bush rolls out a rescue plan for homeowners facing foreclosure when their adjustable-rate mortgages adjust too far. Is it too little, too late? John Dimsdale reports on potential bailouts for lenders and borrowers.
Do flippers deserve a helping hand?
Sam Eaton Sep 1, 2007
We all might want to extend a helping hand to homeowners on the verge of defaulting. But a study suggests some of these borrowers -- house flippers and speculators -- might not be so deserving of help. Sam Eaton reports.
