Underwater Mortgages Rise To 3-Year High Amid Cooling US Housing Market
Underwater Mortgages Rise To 3-Year High Amid Cooling US Housing Market Authored by Tom Ozimek via The Epoch Times (emphasis ours), A new report from the Intercontinental Exchange shows that nearly 875,000 homeowners now owe more on their mortgages than their properties are worth—the highest level in three years—as softening home prices and elevated borrowing […]
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