(Bloomberg) -- Losses in the U.S. mortgage market
may be the ``tip of the iceberg,'' Bank of America Corp. analysts
said today in a note for clients.
Higher interest rates have yet to filter through to many
home owners who took out adjustable-rate mortgages, the
Charlotte, North Carolina-based bank said.
Read more at Bloomberg Stocks News
may be the ``tip of the iceberg,'' Bank of America Corp. analysts
said today in a note for clients.
Higher interest rates have yet to filter through to many
home owners who took out adjustable-rate mortgages, the
Charlotte, North Carolina-based bank said.
Read more at Bloomberg Stocks News
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