• Home
  • News
    • Politics / Govt
    • Legislature
    • Crime / Courts
    • Health / Medicine
    • Archives
  • Sports
    • Badgers
    • Packers
      • Titletown Report
    • Brewers
  • Contact Us
    • Reporters
  • Affiliates
    • Affiliate Support

Wisconsin Radio Network

Wisconsin News and Sports

You are here: Home / News / Mortgage crisis impacts unclear, says Marquette economist

Mortgage crisis impacts unclear, says Marquette economist

December 4, 2007 By WRN Contributor

A former Fed economist from Wisconsin sounds off on the subprime mortgage crisis. Dr. Anthony Pennington-Cross says your home could be worth less and you may pay more to borrow money because of the subprime mortgage crisis. Pennington-Cross, now at Marquette University, says a plan to freeze interest rates could prevent the crisis from taking a devastating toll on homeowners. The plan is in the works at the federal level and is being held up because of a debate about how long the rates would be frozen. A new report finds nearly one foreclosure per every one-thousand households in Wisconsin. The same report found more than 25-hundred foreclosures in Wisconsin in October, the last month for which figures were available.

AUDIO: Matt Lehman reports (:40 MP3)

Share this:

  • Facebook
  • Twitter

Filed Under: News



Featured Stories

Future of abortion in Wisconsin hinges on SCOTUS ‘Roe’ decision

Juvenile arrested in connection with death of Lily Peters

Missing Chippewa Falls girl found dead, police seek suspect

Medical marijuana legislation gets public hearing at Capitol

Tommy Thompson announces he will not run for governor

TwitterFacebook

Sports Headlines

Giannis breaks franchise scoring record, Bucks beat Nets in OT

Wisconsin’s Davis declares for NBA Draft

Badgers to face Arizona State in Las Vegas Bowl

Williams likely out for the season with broken hand

Packers releasing TE Jace Sternberger

More Sports

Tweets by @WRN

Get our news delivered to your inbox:

Enter your email address:

Delivered by FeedBurner

Copyright © 2022 · Learfield News & Ag, LLC