Home -> Law Blog Directory -> Loan Modification Blogs -> Mortgage Lender Implode-o-Meter

Loan Modification

: Mortgage Lender Implode-o-Meter

Did Low Interest Rates Cause the Great Housing Convulsion?

By Implode-Explode Heavy Industries

"Between April 2000 and April 2006, the Standard & Poor?s/Case-Shiller Repeat Sales Index for 20 metropolitan areas shows that real housing prices rose by 71 percent. Between April 2006 and April 2009, that same index showed that real housing prices dropped by 36 percent. It would be nice to understand what caused this great housing convulsion, but we do not."

Full post as published by Mortgage Lender Implode-o-Meter on August 03, 2010 (boomark / email).