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Underwater mortgage: What it is and what to do
Bankrate via Yahoo Finance· 3 months agoKey takeaways When you owe more on your mortgage than your house is worth, the loan is referred to as 'underwater,' or in a state of negative equity....
‘Seriously underwater’ mortgages rise across US
WJZY via Yahoo Finance· 1 month ago(NewsNation) — Around 1 in 37 homes are now worth much less than their remaining mortgage balance, according to new data released Thursday. Nationally,...
How to refinance an underwater mortgage
Bankrate via Yahoo Finance· 6 months agoPortions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our...
Mortgage loan modification: What it is and how to get one
Bankrate via AOL· 2 months agoKey takeaways Loan modifications are a long-term mortgage relief option for borrowers experiencing...
How a short sale in real estate works
Yahoo Personal Finance· 2 months agoWhen you're facing severe financial difficulties and cannot make your mortgage payment, you may think that attempting a loan modification or going...
What is a short sale?
Bankrate via AOL· 2 months agoKey takeaways A short sale is when a mortgage lender agrees to allow a homeowner to sell their home for less than what they owe on the mortgage. A short...
How much equity do you need to refinance?
Bankrate via Yahoo Finance· 3 weeks agoKey takeaways Home equity is the difference between how much you still owe on your mortgage and the value of your home. The specific amount of equity...
‘Mortgage winter’ is expected to thaw a bit
HousingWire via Yahoo Finance· 6 months agoThe year ahead promises to offer the housing industry some relief, compared with a grueling 2023, but it is likely to be only a small bounce forward...
Are zero-down mortgages making a comeback?
WPIX New York City, NY via Yahoo Finance· 1 week ago(NewsNation) — Many Americans are struggling to afford a home, and today’s typical down payment of $56,000 presents a major obstacle. One of the nation’s...
Fed’s $1 trillion pile of paper losses are turning into actual losses — with more in sight
MarketWatch via Yahoo Finance· 2 weeks agoThe Federal Reserve’s roughly $1 trillion pile of paper losses stemming from its underwater...