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As U.S. home prices fall, an alarming number of buyers are underwater

Por: CBS News Politics December 10, 2022

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Surging mortgage rates aren't just raising the cost of purchasing a new home. An alarming number of recent homebuyers have discovered they already owe more on their property than it's worth, according to a new analysis.Some 250,000 people who took out a mortgage this year to buy a home are now underwater, meaning they owe more on their loan than the home is worth, Black Knight, a mortgage software provider, . Another million have less... + full article



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