NEW YORK, Sept. 15 (UPI) -- Home mortgages shouldn't be affected by news about two U.S. investment giants but economic experts say Wall Street's woes haven't reached bottom yet.
Peter Morici, an economist and professor at the Robert H. Smith School of Business at the University of Maryland, said home prices could be affected if the collapse of Lehman Brothers and sale of Merrill Lynch lead to a significant, sustained drop in stock prices, The Washington Post reported Monday.