As US home prices fall, an alarming number of buyers are underwater

As US home prices fall, an alarming number of buyers are underwater

Soaring mortgage rates don’t just increase the cost of buying a new home. An alarming number of recent buyers have discovered they already owe more on their property than it’s worth, according to a new analysis. Some 250,000 people who took out mortgages this year to buy a home are now underwater, meaning they owe …

As US home prices fall, an alarming number of buyers are underwater Read More »