Subprime Lending Bubble Is Over — Chart of the Day
Kurt Brouwer July 17th, 2008
Source: Carpe Diem
As we can see from this chart, current subprime loan originations have fallen from the high levels of the bubble years (2004-2006) and now they are well below the pre-bubble period (2001-2002). Eventually, subprime loans will come back a bit, but at a sustainable level. The data on subprime mortgage loans is from a Harvard study on the state of nation’s housing market.
- Business , Economy , Geopolitics , Money , Personal Finance
- Comments(1)
Did you enjoy this article?
[…] - bookmarked by 2 members originally found by VenetianPrincess on 2008-11-17 Subprime Lending Bubble Is Over — Chart of the Day http://www.fundmasteryblog.com/2008/07/17/subprime-lending-bubble-is-over-chart-of-the-day/ - […]