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The Arlington Institute

debt

Even nonhousing markets feel U.S. mortgage fallout - International Herald Tribune

Tue, 08/07/2007 - 8:43am — Paul Alois
Link:
http://www.iht.com/articles/2007/08/07/busine...
Home buyers are paying more for mortgages. Mortgage lenders are closing shop as large banks turn off the spigot of money to them. Large and small corporations are also paying more to borrow — if they can find anyone willing to lend them cash.
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