More mortgages are 'seriously underwater' across the US

Thursday, May 9th 2024, 10:53:46 pm
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A new report shows the share of "seriously underwater" homes in the U.S. rose in the first quarter.
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The drop to $89,420 — its lowest level since February — comes just six weeks after prices topped out at a record $126,250, marking a sharp reversal....
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