Approximately 3.2 million underwater borrowers hold first liens without home equity loans. The average mortgage balance for this group of borrowers is $228,000. The average underwater amount is $57,000.
Approximately 3.2 million underwater borrowers hold first liens without home equity loans. The average mortgage balance for this group of borrowers is $228,000. The average underwater amount is $57,000.
Renters say they tend to live paycheck to paycheck. 45 percent of renters say they have just enough money to get by. In comparison, only 38 percent of homeowners indicate a similar financial hardship.
Renters say they tend to live paycheck to paycheck. 45 percent of renters say they have just enough money to get by. In comparison, only 38 percent of homeowners indicate a similar financial hardship.
