Tag Archives: Borrowers

More Homes Are Above Water, But Some Sellers Still Suffer

As home sale prices rise, overall home equity rises, and consequently more and more mortgages are no longer “under water.”  1.3 million homes that were previously worth less than the mortgages on them came back into positive territory in the … Continue reading

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More Homes Are Above Water, But Some Sellers Still Suffer

As home sale prices rise, overall home equity rises, and consequently more and more mortgages are no longer “under water.”  1.3 million homes that were previously worth less than the mortgages on them came back into positive territory in the … Continue reading

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‘Underwater Mortgage’ Refis Get Fresh Push in Congress

A slight improvement in home prices has helped to pull some U.S. homeowners back above water on their mortgages, but the gains are small, and the problem is still epidemic.  As of July, 22.4 percent of homeowners with a mortgage … Continue reading

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Home Prices Are Not Rebounding as Fast as You Think

Home prices are rising faster than expected so far this year, or are they? Prices nationwide in July rose 3.8 percent year-over-year, according to the latest reading from CoreLogic. This includes prices of distressed properties and is the biggest annual … Continue reading

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Why Aren’t Candidates Talking More About Housing?

There has been plenty of political talk about the economy this week, but precious few words about one of the biggest drags on the economy: housing.  Despite recent signs that the housing market is improving, it is far from healthy. … Continue reading

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