Spain’s banks are exposed to Portugal; the Spanish economy is vulnerable to rising interest rates because most householdmortgages are variable-rate.
西班牙的银行业亦卷入葡萄牙的危机，由于多数住房抵押贷款系浮动利率，因而加息极易使葡萄牙经济受创。
2
Around 80% of household debt is linked to mortgages and is thus intimately tied to the housing bubble.
大约80%的家庭债务是抵押贷款，因而跟房地产泡沫密切相关。
3
It is clear that HSBC expanded Household and bought other Banks' risky subprime mortgages in the mistaken belief that it was better able to assess the risks.