According to Les Christie, CNN Money staff writer who cites Zillow, more than 20% of the nation's mortgage borrowers owe more than their homes are worth. as follows: "At 21.5% for the third quarter, it is a small improvement over the previous quarter, when 23.3% of loans were underwater, according to real estate website Zillow.com. This so-called negative equity is a hotly watched statistic because it is a prime predictor of foreclosure — secon … Read More
via NYS Coalition for Excellence in Homeownership Education
Share this:
- Click to email a link to a friend (Opens in new window) Email
- Click to share on Reddit (Opens in new window) Reddit
- Click to share on X (Opens in new window) X
- Click to print (Opens in new window) Print
- Click to share on Facebook (Opens in new window) Facebook
- Click to share on LinkedIn (Opens in new window) LinkedIn
- Click to share on Pinterest (Opens in new window) Pinterest
- Click to share on Tumblr (Opens in new window) Tumblr
Related
Filed under: News
.



Leave a Reply