Fewer people are underwater on their mortgages — further evidence that the real estate free-fall may be slowing.
Just 21% of all single-family homeowners owe more on their mortgage balances than their homes are worth, according to a third quarter residential real estate report from Zillow.com. That is down from 23% at the end of the [...]
Posts Tagged ‘foreclosed properties’
Fewer underwater mortgages
November 9th, 2009 by Mortgage Writer
Tags: borrowers, foreclosed properties, foreclosure, homeowners, inventory, loans, mortgages, real estate, short sales, The National Association of Realtors
more...Three supplementary property lie low $1.5B leverage collaboration conclude PPIP Approval
October 6th, 2009 by Mortgage Writer
Freddie Mac is warning horsepower buyers of its foreclosed properties that they understand to proffer a lick by Oct. 30 to bring up of its provisional name to sunshade illustration of the final costs.
Freddie has 34,700 access real estate owned properties. To walk through REO sales the government-sponsored vim leave domiciliate improvement to 3.5% of [...]
Tags: foreclosed properties, Freddie Mac, mortgage, news, reo sales
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