More US mortgages are ‘seriously underwater’ as equity dwindles
The share of seriously underwater mortgages moved up slightly from 2.6 percent to 2.7 percent in the first quarter, according to a report from Attom released Thursday. Continue reading
The share of seriously underwater mortgages moved up slightly from 2.6 percent to 2.7 percent in the first quarter, according to a report from Attom released Thursday. Continue reading
Homeowner equity grew by 32.2 percent in the past year as the number of borrowers underwater on their mortgages fell to a new low. California, Hawaii and Washington led the way. Continue reading
Nearly 45 percent of homes were considered equity rich, up from 41.9 percent in the fourth quarter of 2021, and just 31.9 percent in the first quarter of 2021. Continue reading