Share of Seriously Underwater Mortgages Slips Below 3%

ATTOM has released its Q2 2022 U.S. Home Equity & Underwater Report, which shows that 48.1% of mortgaged residential properties in the U.S. were considered equity-rich in Q2, meaning that the combined estimated amount of loan balances secured by those properties was no more than 50% of their estimated market values. The portion of mortgaged …

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Source: DS News

2022-08-04T16:06:32-06:00