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USA Mortgages

One in 7 U.S. Mortgages foreclosing or delinquent

A record one in seven U.S. Mortgages were in foreclosure or at least one payment past due in the third quarter, according to fresh data signaling the recovery in the housing market will be tepid at best. Ref. Source 9

Mortgages USA

Home price slowdown leaves millions underwater:

As of the first quarter of this year, some 9.1 million homes (Or 17 percent of homes with mortgages) were "Seriously" Underwater, owing at least 25 percent more than property's estimated market value. Ref. Source 6

USA Mortgages History & Civil Business Politics

On Day One, Trump Suspends Obama's Mortgage Insurance Premium Cut:

Obama had moved to cut rates for people who take out mortgage insurance from the Federal Housing Administration, primarily first-time home buyers and people with poor credit. Ref. Source 4e.

Mortgages USA

I have heard the most Millennial's are buying houses for their pets. They are buying the homes based on the needs of their pets, closeness to parks and other things that will make owning their pets more comfortable. SO no longer are people buying houses for themselves or spouse it is all about the dog or cat. This is a major change in home ownership.

Mortgages USA

KN,

It used to be for themselves and the needs of the children. Now it's their pets… and that is because their pets are like their children. This is because they are opting to have children later in life.

USA Mortgages

While they are buying these houses for their pets and having children later I think that they may be tying themselves down some what especially if they get married later on.