Inventory
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Single family homes on the market. Updated weekly.Powered by Altos Research
682,150-7,865
30-yr Fixed Rate30-yr Fixed
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30-Yr. Fixed Conforming. Updated hourly during market hours.
6.91%0.02

Negative Equity

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FirstAm Sees One in Three Mortgages Underwater in Q209 

Aug 13, 2009By

As of the end of June, more than 15.2m US mortgages representing 32.2% — or roughly one-third — of all mortgaged properties in the country had fallen underwater in a negative equity position. The proportion of US mortgages underwater in Q209 came in slightly below the 32.5% seen at the end of March, according to data released Thursday by First American CoreLogic.

3d rendering of a row of luxury townhouses along a street

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