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