As home prices and values drop, a small percentage of homeowners will be underwater — owing more on the mortgage than the house is worth.
What the data shows about the housing market
Price Drop Leaves More Underwater - The SafeGuard Group
With Falling Home Prices, 450,000 Loans Are Now Underwater
Avoiding an Underwater Mortgage: 7 Tips for Investors
Loan-to-Value (LTV) Ratio: What It Is, How to Calculate, Example
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