Thursday, January 15, 2009

Problem With Falling House Prices

House prices continue to fall amidst sluggish property sales. The dynamics of the market mean that falling house prices create a powerful negative momentum for both the economy and housing market.
Lenders don’t want to lend With falling house prices.
When prices are rising, mortgage loans of 95% value make sense. However, when prices are falling they [...]

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[Source: Finance Blog]

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