The proportion of mortgaged residential homes in the United States that were considered “seriously underwater” saw a slight increase last quarter, new data show on Thursday, with the ratio of a home’s ...
Roughly one in 37 homes are now considered seriously underwater in the US and that share is much higher across a swath of southern states, according to data out Thursday. Nationally, 2.7% of homes ...
The percentage of "seriously underwater" mortgages rose in the first quarter. In the US, 2.7% of homes carry a mortgage that's at least 25% more than the market value of the house. That's according to ...
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