April 20, 2008

Sub Prime Mortgages: Not So Easy Anymore

Sub Prime Mortgages: Not So Easy Anymore

 

If your credit isn't the best, you might be familiar with sub-prime loans: they're the kind with a high rate for people with low credit…

 

With the mortgage industry suffering it's worst setback in decades in the past 12 months, the landscape is changing.  Money editor Stacy Johnson explains in this 1:33 video.

 

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