Tag Archives: underwater
More homeowners above water
Rising prices are driving homeowners into positive equity, but it could be a long road. Continue reading
Fewer homeowners underwater
More homeowners are gaining equity, but millions remain under threat of foreclosure. Continue reading
10 million homes upside-down
About 1.7 million homes regained equity in 2012. Now we only have another 10 million to go. Continue reading
Young homeowners are drowning
Do younger, distressed borrowers actually help the housing recovery? Continue reading
Should homeowners be forgiven?
Mortgage forgiveness would erase $700 billion in debt, but who pays? Continue reading
Underwater? You’re not alone
Here are some not-so-fun facts on borrowers who owe more on their mortgages than their houses are worth.
About 10.7 million homes in the United States were underwater in the last three months, compared to 10.9 million in the last quarter, shows a repo… Continue reading
Troubled waters for home loans
Nearly one in four homeowners (22.7 percent) owes more on his mortgage than the home is worth, according to California research firm CoreLogic.
Almost three-quarters of the underwater homeowners have above-market interest rates, says CoreLogic, but ref… Continue reading