According to Zillow.com,an Internet provider of home valuations…
Almost one-third of U.S. homeowners who bought in the last five years now owe more on their mortgages than their properties are worth
Second-quarter home prices fell 9.9 percent from a year earlier, giving 29 percent of owners negative equity, said Zillow, the Seattle-based service that offers values for […]
Archive for August 16th, 2008
Do You owe More on Your Mortgage Than Your Home is Worth?
posted by WMortgage in August 16th, 2008
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Welcome to Home Mortgage Loans Today. This blog was created to offer expert advice from a licensed mortgage broker regarding securing a mortgage,
refinancing a mortgage and optimizing your credit score. This site is not designed to lead our readers into particular lenders or credit
specialists. We're providing this information in a DIY (Do it Yourself) format to educate the general public of their rights regarding the
various laws, agencies and general consumer privileges under the Fair Credit Reporting Act (FCRA), a federal law (15 U.S.C. ? 1681) that
regulates the collection, dissemination, and use of consumer credit information. Along with the Fair Debt Collection Practices Act (FDCPA),
which forms the basis of consumer credit rights in the United States.
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