“About 250,000 Americans who took out a mortgage this year to buy a home are now underwater, meaning the home is worth less than the loan they took out on it, according to new data from Black Knight. Another 1 million have less than 10% equity”…

https://www.foxbusiness.com/economy/us-home-prices-decline-number-buyers-underwater-mortgages-swells

h/t  silvertomars

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