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Loan Modification

: The Truth About Mortgage.com

23.2 Percent of American Homeowners Underwater on Mortgage

By scot184

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A staggering 23.2 percent of American homeowners with a mortgage were underwater in the third quarter, according to Zillow. That means nearly a quarter of those with a mortgage owe more than their property is currently worth, thanks in part to falling home prices and zero down mortgages. In Las Vegas, a whopping 80.2 percent of homeowners [...]

Full post as published by The Truth About Mortgage.com on November 10, 2010 (boomark / email).

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