PDA

View Full Version : Crisis Prompts a Rush Back to the Mortgage Basics (New York Times)


New York Times
03-20-2009, 05:30 PM
New York Times "Your Money"

Many borrowers have opted to spend far more than a third of their income on mortgage payments, a move that has led to an increase in foreclosures.

http://www.pheedo.com/img.phdo?x=c386792aab52425a9c4093e81470810f&u=http://www.nytimes.com/2009/03/21/your-money/mortgages/21thirty.html (http://www.pheedo.com/click.phdo?x=c386792aab52425a9c4093e81470810f&u=http://www.nytimes.com/2009/03/21/your-money/mortgages/21thirty.html)

complete article here... (http://www.nytimes.com/2009/03/21/your-money/mortgages/21thirty.html?partner=rss&emc=rss)