Understanding the Subprime Mortgage Crisis

The subprime mortgage crisis has put the U.S. economy into the worst recession since 1982. This primer tracks how the subprime crisis unfolded, affecting first the real estate market and then the economy overall. It gives you definitions of important terms. It also explains how interest rates and real estate play an integral role in the U.S. economy. Finally, it gives resources for those who are suffering from the subprime mortgage crisis directly.