Friday, October 31, 2008

One in five homeowners with mortgages underwater (Reuters)

Nearly one in five U.S. mortgage borrowers owe more to lenders than their homes are worth, and the rate may soon approach one in four as housing prices fall and the economy weakens, a report on Friday shows.


http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/nm/20081031/ts_nm/us_usa_economy_mortgages

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