The U.S. home foreclosure rate has hit the highest level in 25 years. Families across the country are losing their homes. In many cases because falling home prices have made their adjustable rate mortgages no longer affordable.
Tag: lending
Paul Krugman: The Making Of A Mess
NEW YORK — The financial crisis that began late last summer, then took a brief vacation in September and October, is back with a vengeance.
