Recovery is Near! /sarcam | CNN – More than 30% of Mortgage Borrowers Still Underwater

More than 30% of mortgage borrowers still underwater NEW YORK (CNNMoney) — Despite rising home prices, more than 30% of borrowers, or close to 16 million homeowners, were underwater on their mortgage during the first quarter, according to Zillow. The percentage of borrowers who owed more on their home than it was worth increased to … Read more
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