Subprime mortgage crisis/Timelines

Timelines ^[?]

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 develops

Fannie Mae eases credit terms for subprime loans [2]

Progressive discount rate increases (from 0.75% to 6.25% in 2006).

Housing boom continues (Average 2006 house price about 70% above 200 level)