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Close Topic OptionsUnderwater Mortgages Hit 11.3 Million
Underwater Mortgages Hit 11 3 Million - Politics, Business, Civil, History - Posted: 9th Nov, 2011 - 9:02pm
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Post Date: 25th Mar, 2010 - 11:36pm / Post ID: #
NOTE: News [?]
Million Hit Mortgages Underwater
Underwater mortgages drain equity, dampen retirement
But instead, the housing market foundered, and the house in Oviedo, Fla., that the Wakefields bought for about $230,000 is now worth just $115,000. Jennifer Wakefield says she's put off hopes of moving to a larger home. She once thought she could use a home-equity loan to help cover the $30,000 cost of adopting a child, but now there's no equity to tap into. Ref. Source 9
Post Date: 9th Nov, 2011 - 9:02pm / Post ID: #
NOTE: News [?]
Underwater Mortgages Hit 11.3 Million History & Civil Business Politics
Nearly 29% of mortgaged homes underwater, report finds:
A whopping 28.6 percent of homeowners with mortgages owe more on their loans than their homes could sell for, according to quarterly data released Tuesday by Zillow Ref. Source 7
TOPIC: Underwater Mortgages Hit 11.3 Million