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Turbulent Mortgage Market Ensnares Top Retailers

from National Public Radio
August 15, 2007

Wal-Mart Stores and Home Depot have reported disappointing sales, blaming the housing market slump and turbulence in the mortgage market that is spreading to the broader economy. Homeowners are feeling the pinch of rising mortgage rates and higher living costs.

Broadcast Dates

  • Morning Edition, August 15, 2007
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