Monday, October 2, 2023 | The Latest Buzz for the Appraisal Industry

Report: Falling Negative Equity Rate Nearing Single Digits

By Tory Barringer

As home values rise and borrowers continue to gain equity, CoreLogic’s analysis indicates that nearly 5.1 million properties are still upside-down on their mortgage. That figure represents about 10.3 percent of all residential properties with a mortgage compared to about 13.3 percent the year prior.

The post Report: Falling Negative Equity Rate Nearing Single Digits appeared first on DSNews.

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