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17% of Homeowners Still Underwater on Mortgage 

Aug 26, 2014By

One in six U.S. homeowners with mortgages — or 8.7 million people — were still underwater on their mortgage in the second quarter of 2014, despite rising home values, Zillow finds in its latest Negative Equity Report. The negative equity rate dropped to 17% in the second quarter of 2014 from 23.8% a year prior and 18.8% in the first […]