Fewer homeowners underwater in the third quarter
NEW YORK — The number of homeowners who owe more than their houses are worth fell for the third straight quarter this summer. About 10.8 million households, or 22.5 percent of all mortgaged homes, were underwater in the July-September quarter, housing data firm CoreLogic said Monday.
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Fewer homes 'underwater' as foreclosures mount
The number of U.S. homes worth less than the debt owed on them dropped in the third quarter, largely because of mounting foreclosures rather than a rise in property values, according to CoreLogic Inc.
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Orignal From: Fewer homes 'underwater' as foreclosures mount
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