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"The median monthly payment reduction for borrowers enrolled in
the (HAMP) program is $522" - DSnews.com

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Home Prices Are Dropping



Home prices have significantly dropped by almost 6% in the last 2 months. This decrease in home prices has not happened this quickly since March 2009. The reason for the decrease in home prices is possibly due to the home buyer tax credit which ended in April 2010.  Home prices are expected to continue to drop through the first quarter of 2011.

With the reduction in home values it is increasingly harder to qualify for a refinance so many home owners are forced to see if the qualify for a loan modification. If you or someone you know needs help with a loan modification please fill out a form on this website, www.loan-modification411.com, or call 866-437-9061.