Subprime mortgage crisis/Timelines: Difference between revisions
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== | ==1990 - 2003== | ||
Progressive '''discount rate | :Progressive '''discount rate cuts''' by Federal Reserve Bank (from 7% in 1990 t0 0.75% in 2003 [http://www.the-privateer.com/rates.html]. | ||
===1999=== | |||
Fannie Mae eases credit terms for subprime loans [http://query.nytimes.com/gst/fullpage.html?res=9C0DE7DB153EF933A0575AC0A96F958260&sec=&spon=&pagewanted=1] | |||
== 2003 - 2006== | |||
:Progressive '''discount rate increases (from 0.75% to 6.25% in 2006). | |||
==2007== | |||
== | ==2008== | ||