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Newser on MSNMore US Homeowners Underwater on MortgagesThe Wall Street Journal reports on a growing—and unwanted—trend among homeowners. More of them are now underwater on their ...
Concerns about rampant foreclosures aren’t high, as stricter lending standards are in place than back in 2008.
As the housing market cools, a rise in delinquency rates and underwater mortgages could be a foreboding sign for the future.
Homeowners who bought around the peak of the market are increasingly finding they owe more on their mortgages than their ...
After home prices soared in many parts of the country during and after the coronavirus pandemic, they’ve started to stabilize ...
If you owe more on your home than it’s worth, your mortgage is considered “underwater.” Hundreds of thousands of U.S. homeowners find themselves in this situation every year. Meanwhile ...
Underwater mortgage refinance options are typically limited. If you want to refinance your mortgage, you'll need to wait until home values rebound or until you've paid off enough of your loan to ...
Percentage of mortgages underwater: 61.1 percent Not surprisingly, Nevada tops the list -- by a wide margin. Prices plummeted when the housing crisis hit, and they've yet to recover.
Underwater mortgages are much less common now than they were in the Great Recession. Back then, some 12 million borrowers were in a negative equity state. Today, just over one million are, a ...
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Mortgage Underwater? Here's What You Can Do - MSN"An underwater mortgage is only an issue for homeowners that want or need to sell," says Dan Green, CEO of the mortgage lender Homebuyer. "If prices drop, the best thing everyday homeowners can do ...
Underwater mortgages are a proper barrier for sellers — more so even than mortgage rates. Therefore, the fact that this data line is just 0.1% away from all-time lows makes me smile this holiday ...
The share of homeowners who owe more on their mortgages than their houses are worth has dipped below 10% for the first time since the housing crisis. But it's still above the historical average.
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