Sub-Prime Market is really beginning to go sour


1 in 92 US Households foreclosed in 2006. Up 42% since 2005.

Many more holding onto “exploding” Adjustable Rate Mortgages (ARMs).

With all the houses hypothetically bought on “bad” margin, it seems that the housing market is poised to get messy.

Bottom? I don’t think so.
Click here for full Story from Big Picture

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