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Message Subject
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Mortgage applications fall despite low rates as trade war fears grow
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Poster Handle
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Anonymous Coward |
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Post Content
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Sub Prime Mortgages Way Up $45B in repeat of 2007.
Thursday WALL Street Journal
Quoting: Captain Casey Jones Subprime mortgages are the oy thing right now still keeping this bubble afloat. Once rates are lowered, lenders will tighten up and stop approving subprime mortgages. Which in turn will lead to a housing crash likely even bigger than 2008-2012.
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