Quotes of the Day

mortgage interest rates have rose to 6.04 percent last week while house prices continue to drop
Tuesday, Feb. 26, 2008

Open quoteFebruary may go down in history as the month that the previously indefatigable U.S. consumer finally threw in the towel. Close quote

  • PAUL ASHWORTH
  • a senior U.S. economist at Capital Economics, after mortgage interest rates rose to 6.04 percent last week and house prices continued to drop
Photo: John Gress / Reuters | Source: New York Times