Rochester New York Real Estate

The Subprime Mortgage Market Is Heating Up Again

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Tuesday, June 4, 2013

In this article from Business Insider - Returns jumped 41pc last year, and have climbed a further 12.7pc this year.  Demand for sub-prime mortgage bonds, which are not backed by US government-controlled mortgage lenders Freddie Mac and Fannie Mae, has surged since the start of last year, as yields on treasury bonds remain low.
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