Sentences with phrase «larger than the value of their houses»
Likewise, some 13 million homeowners are under water — meaning that their mortgages are larger than the value of their houses or condos.
http://allfinancialmatters.com/ Not exact matches
It found that price expectation shocks accounted for 30 per cent of the increase in home values between 1996 and 2006, larger than all other factors driving price gains, such as housing supply, housing demand or mortgage rates.
In fact, given that indy authors tend to pay editors and proof readers, and want value for money, whereas editors in traditional houses are involved in a large number of projects, and are well - known to spend the bulk of their time in meetings rather than editing, and proofing is contracted out - often to the same proof - readers as many indies use (and some editors care how good it is, and some don't) the standards may well be higher in indy bestsellers.
The administration wants the two mortgage giants to join the Federal Housing Administration program that lowers mortgage balances of homeowners with first mortgages larger than their home values, The Wall Street Journal reports, citing «people familiar with... View Article
While you may still lose more net worth if your house decreases in value under a mortgage (as you still need to pay the same amount of interest), you would still have a larger cash value than you would if you had spent all your cash on the house.
One way to protect against a low appraisal is to know the value of the house before you make an offer and make a larger down payment than you have to.
Home values are rising the fastest among entry - level homes in more than half of the largest U.S. housing markets, according to first quarter Zillow ® Real Estate Market Reports.
To get such high property values inside the city of Penticton you need a luxury house and larger - than - usual lot, and the average high - end price for residential housing is around $ 1 million (three listings).
A recent analysis from Zillow reveals homebuyers in over half of the nation's 35 largest housing markets will need more of their income to afford mortgage payments on a median - valued home than the historic spend.