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Loan Modification

: Loan Modification & Home Loan News

Home Prices Decline While Mortgage Debt Remains High: The Case For Principle Reduction.

By Nathan Fransen Esq.

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Home prices have dropped, and dropped big. According to The S&P/Case-Shiller National Home Price index, home prices are almost 20% lower than one year ago. This represents the largest price decline ever recorded by the Case-Shiller Index. According to the Index, prices have basically been in a freefall since reaching their peak in early 2006. [...]

Full post as published by Loan Modification & Home Loan News on June 01, 2009 (boomark / email).

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