Underwater Homeowners Fall Below 20%

13 Jun 2013

The number of homeowners who are underwater on their mortgages dropped to 19.8% in the first quarter, down from 21.7% at the end of the preceding three-month period, according to CoreLogic.

The number of homeowners who are underwater on their mortgages dropped to 19.8% in the first quarter, down from 21.7% at the end of the preceding three-month period, according to CoreLogic. That translates into less than one in five homes now underwater.

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