Tuesday, July 24, 2007

Look out below.

Don't stand under the plunging housing market . . . .

eta: The New York Times has more:
Countrywide Financial, the nation’s largest mortgage lender, said yesterday that more borrowers with good credit were falling behind on their loans and that the housing market might not begin recovering until 2009 because of a decline in house prices that goes beyond anything experienced in decades.

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