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Reuters: One in five U.S. mortgage borrowers are underwater

Started by dave, March 04, 2009, 02:59:09 PM

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dave

One in five U.S. mortgage borrowers are underwater
      
   
      


NEW YORK (Reuters) - One in five U.S. homeowners with mortgages owe more to their lenders than their properties are worth, and the rate will increase as housing values drop in states that have so far avoided the worst of the crisis, a new study shows.<div class="feedflare">
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