May 18, 2012
Pages tagged “home mortgages”
How Those With Underwater Mortgages Can Stay Afloat
Jan 11, 2008, 2:14pm The exact number of folks with negative equity is hard to determine, but the figure could easily exceed one million. A study by FirstAmerican CoreLogic, a real estate data analysis firm, estimates that 11% of homes purchased between 2004 and 2006 (not only the peak of the housing market, but also the period during which most no-money-down loans were issued) are currently underwater. [ In Personal Finance ]
Jan 11, 2008, 2:14pm The exact number of folks with negative equity is hard to determine, but the figure could easily exceed one million. A study by FirstAmerican CoreLogic, a real estate data analysis firm, estimates that 11% of homes purchased between 2004 and 2006 (not only the peak of the housing market, but also the period during which most no-money-down loans were issued) are currently underwater. [ In Personal Finance ]
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