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John Barrdear

Research Economist at the Bank of England

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Posted on 6 September 2008 by John Barrdear

2 out of every 31!

Well, the nationalisation of Fannie and Freddie is obviously the news, but as a backdrop (and what I really wanted to point out), I found this amazing:

Two out of every 31 mortgages in the USA is overdue on repayments.

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CategoriesEconomics, USA TagsMortgages, USA

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