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Tag Archives: Underwater

How Widespread Is Negative Equity?

During the height of the housing crisis, approximately 30 percent of homeowners were in negative equity, owing more than what their homes were worth. A decade later, how have those numbers changed? Click through to read a recent report providing new insights into underwater mortgages.

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The New “Underwater” Home

Is it possible that what we know as underwater homes could completely change to something just as problematic for the housing market in the next century?

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Underwater Rate Dips; Borrower Equity Jumps by $1 Trillion

While the overall rise in equity marks another positive step forward for the housing market, it's undercut by the fact that nearly 9 million homes are "under-equitied," meaning the properties have less than 20 percent equity. Out of that group, 1.3 million have less than 5 percent equity, putting them just barely above water.

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