Home » Economy » 20% of outstanding mortages set to default

Search this site…

Subscribe RSS feed

December 2010
S M T W T F S
« Nov   Jan »
 1234
567891011
12131415161718
19202122232425
262728293031  

20% of outstanding mortages set to default

Value investing conference hosted at Darden Business School of UVA.

Some nice big-picture views of the current economy.  Pay attention to the interesting analysis on housing market – among the 56 million US residential mortgages, it’s estimated that 20% of them, or 11 million, will eventually default. Housing price is set to decline by another 5% at least; if without government support, probably by 10%.


Leave a comment

Your email address will not be published. Required fields are marked *