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Number of ?Under Water? Borrowers Rises

The number of U.S. homeowners owing more on their home loans than their properties are worth increased at the end of last year, highlighting a continuing source of weakness for the economy.
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Did underwater mortgages kill the economy?

Business & Finance : Ezra Klein (2 years ago)

The housing market, finally, is recovering. Home prices are up 8 percent over the past year. And that is providing relief to a particular set of homeowners – the underwater borrowers who owe more than their properties are worth. Ove... Read Post

More homeowners rise above water as prices gain

Business & Finance : Money & Co (2 years ago)

One of the most pernicious effects of the housing bust was the huge number of borrowers stuck in homes worth far less than those properties could be sold for. Read Post

Number of 'underwater' homes declines slightly

Business & Finance : Money & Co (3 years ago)

The number of underwater homeowners in the U.S. declined slightly during the first three months of the year. The decline in the number of borrowers owing more on their mortgages than those properties are worth occurred despite falli... Read Post


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