Investing in the Declining Real Estate Market
May 29th, 2007 | By Penny Sleuth Contributor | Category: Housing
En masse, March 13, 2007, terrified investors plunged the major indices into red as the Mortgage Bankers Association (MBA) released its most unflattering report on mortgage delinquencies. Solely on fears that heavy delinquencies would destabilize the U.S. economy, the Dow Jones Industrial Average plunged 242.66 points, or 1.97%. The S&P ...read more
