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re: ‘Seriously Underwater’ Home Mortgages Tick Up Across the US

Posted on 5/9/24 at 11:39 am to
Posted by OvertheDwayneBowe
Member since Sep 2016
2904 posts
Posted on 5/9/24 at 11:39 am to
quote:

Are you saying people who no longer have a mortgage? If so, hardly any.


Well, presumably that number of underwater mortgages plummeted during COVID because people refinanced to sub-3% interest rates combined with the home values going up by 30%+.
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