Sunday, March 2, 2008

Cut rates now! Stop the slide before it hits commercial

Housing slump now going commercial 1:42PM ET
Posted by roboblogger 3 hrs ago
“There's no trust in (commercial mortgage-backed securities) markets.”
To insulate commercial real estate from a still-crumbling housing market, investors need a confidence boost and Congress should help give it, industry analysts and executives told lawmakers Thursday. via BusinessWeek

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