Sentences with phrase «falling home values during»

The FHA suffered big losses when many borrowers took large payments up - front and later ran into financial problems, often due to falling home values during the financial crisis.

Not exact matches

During tough economic times, falling home values can trap lower - income families in distressed neighbourhoods.

In fact, your home's value will rise and fall many times during the next 30 years — you just won't get monthly statements showing you how it's doing.)

Many Americans were hit doubly hard during this period, where their investment losses were paired with unemployment, stagnant wages, falling home values, or other financial challenges.

Since a reverse mortgage is a negatively amortizing loan, in time the size of the mortgage debt would likely pass the value of the home — especially during the past few years as home values have generally fallen.

Some homeowners have had a difficult time qualifying for home equity loans during the credit crunch because of falling home values.

According to Lawrence Yun, NAR chief economist, lost in this discussion are the numerous Generation X households who bought their first home, started a family and entered the middle part of their careers only to be rattled by job losses, falling home values and overall economic uncertainty during and after the Great Recession.

The buyer was afraid the value of the home fell during her 30 - day escrow period by $ 20,000, and she freaked out.