Almost 3 out of 10 Homeowner Mortgages are Underwater

Homeowner Mortgages are Underwater

29% of Homeowner Mortgages are Underwater Zillow announced today that 28.6% of homeowner mortgages are underwater nationwide, meaning that the mortgages are higher than the value of the home.   What this means, for example, is that if you took out a mortgage on a home for $120,000 and the home is now worth $100,000, […] Read more »