Tags: Greenspan | Delivers | Housing | Bust

Greenspan Delivers Housing Bust

Wednesday, 10 August 2005 12:00 AM

As MoneyNews reported Tuesday, Greenspan is acting to raise long-term interest rates to stop the housing bubble. For months, long-term rates actually decreased. But that trend has been changing.

The Fed's desire to further increase rates will force long-term and mortgage rates up.

And that will kill the U.S. housing market.

Be prepared.

NewsMax's

Templeton, considered to be one of the world's greatest investors, believes real estate prices in some U.S. markets could fall by an astounding 50%.

The housing crash will have profound effects not only on real estate, but on your stocks, bonds and other investments.

109-109

© 2019 Newsmax. All rights reserved.

   
1Like our page
2Share
Pre-2008
As MoneyNews reported Tuesday, Greenspan is acting to raise long-term interest rates to stop the housing bubble. For months, long-term rates actually decreased. But that trend has been changing. The Fed's desire to further increase rates will force long-term and mortgage...
Greenspan,Delivers,Housing,Bust
99
2005-00-10
Wednesday, 10 August 2005 12:00 AM
Newsmax Media, Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved