Subprime mortgage crisis/Timelines

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< Subprime mortgage crisis
Revision as of 10:11, 10 October 2008 by imported>Nick Gardner (→‎1990 - 2003)
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https://en.citizendium.org/wiki/index.php?title=Subprime_mortgage_crisis/Timelines&printable=yes
A timeline (or several) relating to Subprime mortgage crisis.


1990 - 2003

Progressive discount rate cuts by Federal Reserve Bank (from 7% in 1990 t0 0.75% in 2003 [1].
Housing boom begins

1999

Fannie Mae eases credit terms for subprime loans [2]

2003 - 2006

Progressive discount rate increases (from 0.75% to 6.25% in 2006).
Housing boom continues (Average 2006 house price about 70% above 200 level)

2007

2008

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