Tag Archives: Negative Equity

To lock or not lock? That is the mortgage question

The rise in rates put the brakes on the housing recovery, sending both mortgage applications and home sales lower during the summer months. While home builders continued to tout demand and affordability, they could not help but notice fewer buyers … Continue reading

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Bay Area leads in underwater mortgage rebounds

The housing rebound has helped about 150,000 underwater Bay Area homeowners regain equity – the fastest rebound rate in the country – although about 200,000 still owe more than their homes are worth, according to a real estate report. Throughout … Continue reading

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Bay Area leads in underwater mortgage rebounds

The housing rebound has helped about 150,000 underwater Bay Area homeowners regain equity – the fastest rebound rate in the country – although about 200,000 still owe more than their homes are worth, according to a real estate report. Throughout … Continue reading

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Home values rise, but millions still drown in debt

More than three million U.S. borrowers have risen above water on their mortgages so far this year, thanks to swift home price appreciation, according to a new report from online real estate company Zillow. The negative home equity rate fell … Continue reading

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Sales Soar as Manhattan Condos Kick Co-Op Prices

“They have may have re-financed, and they may have taken out a second mortgage,” said Jonathan Miller, CEO of Miller Samuel, a real estate appraisal and consultancy. “When they bought the home they may have figured out a way to … Continue reading

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