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Mortgages Pass 8%, Imperiling House Boom.
- Source :
-
Wall Street Journal - Eastern Edition . 08/03/99, Vol. 234 Issue 23, pC1. 0p. 2 Charts, 2 Graphs. - Publication Year :
- 1999
-
Abstract
- Reports that 30-year fixed rate mortgage rates in the United States have passed eight percent as of August 3, 1999. How the rate could put an end to the housing boom in the US; Affect of the mortgage rate on the economy; Increased interest rates on other types of consumer credit; How rising interest rates are affecting the real-estate market.
- Subjects :
- *MORTGAGES
*INTEREST rates
*CONSUMER credit
*RATES
UNITED States economy, 1981-2001
Subjects
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 234
- Issue :
- 23
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 2103995