Homeowners deepest underwater: No relief in sight

homes-under-waterBy Diana Olick | CNBC

Home prices are rising, and homeowners have collectively regained trillions of dollars in home equity since the worst of the real estate crash. For some borrowers, however, it is not enough, not nearly enough to bring them back into the black on their home loans.

These so-called underwater borrowers are stuck in place, unable to sell without paying into their mortgages. For those deepest underwater, there is very little hope in sight.

Continued:

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

Friday May 3 News & Views

State Supreme Court reverses sanctions against Arizona GOP in 2020 election challenge The decision overturns lower courts’ rulings and could chill similar sanctions in future

Read More »