The subprime meltdown includes the economic and market fallout following the housing boom and bust from 2007 to 2009.
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A subprime mortgage is normally issued to borrowers with lower credit ratings. It typically carries a higher interest rate that can increase over time.
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Credit flowed with relative ease, making it nearly impossible to be declined for a loan, credit card, or mortgage. Subprime loans were rampant, giving investors ...
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The subprime market is the business of lending money to people or businesses who are at a greater risk of default on their payments.
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The Great Recession. The subprime mortgage crisis didn't just hurt homeowners, it had a ripple effect on the global economy leading to the Great Recession which ...
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The meltdown of the subprime mortgage market in 2007 and 2008 led to the Great Recession. Learn more about the factors that caused the financial crisis.
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Read on to learn how the explosive growth of the subprime mortgage market, which began in 1999, played a significant role in setting the stage for the turmoil ...
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Investopedia is the world's leading source of financial content on the web, ranging from market news to retirement strategies, investing education to ...
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