News

Cape Coral leads in rising negative equity, as ICE report highlights early signs of housing stress nationwide.
As the housing market cools, a rise in delinquency rates and underwater mortgages could be a foreboding sign for the future.
After home prices soared in many parts of the country during and after the coronavirus pandemic, they’ve started to stabilize ...
Homeowners who bought around the peak of the market are increasingly finding they owe more on their mortgages than their ...
The number of owners who are underwater is small but growing. Some who bought at the top have seen value slip out of their ...
Some homeowners who bought near the peak of the pandemic housing boom are now finding themselves underwater—owing more on their mortgages than their homes are worth, The Wall Street Journal reports.
Concerns about rampant foreclosures aren’t high, as stricter lending standards are in place than back in 2008.
“The number of owners who are underwater is small but growing, and they have recently been concentrated in pandemic boomtowns ...
For those who purchased a home during the Covid epidemic when home prices were extraordinarily high, the reality could mean they are underwater with how much they owe on their mortgage vs. the current ...
What Is an Underwater Mortgage? An underwatermortgage — also called negative equity or an upside-down mortgage — means youowe more on your home loan than what the property is currently worth.
Underwater homeowners certainly come out ahead. Depending on how the loans are valued, investors holding these mortgages could also benefit in the long run.