Sunday, August 12, 2007

Buyers likely to pay more for subprime mortgages (Financial Times)

Consumers face paying higher rates for subprime mortgages because of turmoil in the credit markets. DB Mortgages, owned by Deutsche Bank, this week pulled all its subprime mortgage products and is expected to increase their prices when relaunching the range of products later this month.

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[Source: Yahoo! News Search Results for mortgages]

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