More News
- Page Two
- News Links
Anarchives
Radio/TV
- Watch Live Shows and Archives
- Declare Your Independence with Ernest Hancock
Letters To Editor
- List of Letters
- Write a Letter
Join Us
Marketplace
- Buy Stuff - Sell Stuff
- Store on CafePress.com
Special Editions
RSS Feeds
About Us
Log-In

Make a Comment • Email Link • Send Letter to Editor

IPFS News Link • Housing

Negative Equity: 16 Million Homeowners Underwater

08-05-2009 • CalculatedRiskblog.com

Overall, 16 million homeowners are “upside-down” on their mortgages, up from 10 million, or 15% of owner-occupied homes, one year ago. Nearly 10% of owner-occupied homes now have mortgage debt with loan-to-value ratios of at least 125%, and roughly half of those homes have mortgage debt with loan-to-value ratios of 150% or more.

Read Full Story

Reported By Jack Gregson

Make a Comment • Email Link • Send Letter to Editor