New derivatives let home owners hedge against price declines
New derivatives let home owners hedge against price declinesExchanges are rolling out more futures and options that allow jittery home owners to hedge against a decline in the value of their houses.The new financial products, which are tied to various indexes tracking home prices in major metropolitan centers, are launching as it appears the housing bubble is finally winding down.
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posted by Victor Lloyd Smith @ 11:58 AM
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