House prices have seen an almost unprecedented and steady decline Many analysts predict that this fall will continue meaning that a lot of homeowners will not have the kind of equity in their homes that they had once enjoyed

It is becoming more and more apparent that the significant drop in house prices, initially only seen as a problem for sub-prime borrowers, is becoming as much a problem for prime-borrowers too This affluent segment of consumers have already started to feel the pinch but the crisis is set to deepen even further