The Worrying Numbers Behind Underwater Homeowners

Never before have American homeowners with mortgages held such a thin slice of equity, and never before have so many homeowners been at risk of negative equity. Predicting accurately how many homeowners end up underwater is impossible, as the future of home prices is unknown. But anyone claiming that the number of underwater homes can’t rise further is on thin ice.

See full article from DailyFinance

Leave a Reply

Your email address will not be published. Required fields are marked *