Similar Stories to Half Of All U.s. Mortgages 'underwater' By 2011: Deutsche Bank on Bing News

Half Of All U.S. Mortgages 'Underwater' By 2011: Deutsche Bank

Aug. 5 (Bloomberg) -- Almost half of U.S. homeowners with a mortgage are likely to owe more than their properties are worth before the housing recession ends, Deutsche Bank AG said.

Sections:  news   business   
RELATED ARTICLES
  • US home building is surging, but job growth isn't
    The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More
  • US casino revenue up nearly 5 percent in 2012
    Things are looking up for most of the nation’s commercial casinos, as gambling revenue increased by nearly 5 percent last year and jobs held roughly steady. According to the annual survey of casinos by the American Gaming Association, America’s nontribal casinos took in $37.3 billion from gamblers last year, an increase of 4.8 percent over 2011. More
  • US suicide rate rose sharply among middle-aged
    Health officials say suicides among middle-aged Americans climbed at a startling rate over the past decade, a period that included the recession. Overall, the suicide rate for the age group jumped 28 percent from 1999 to 2010. And among whites, it shot up 40 percent.... More
  • Britain avoids recession with faster than expected growth
    Britain skirted a "triple dip" recession by growing faster than expected in the first three months of the year, providing some cover for a government under fire over its austerity drive. More
  • New home sales rise, housing recovery still on track
    Sales of new single-family homes rose in March, indicating the housing market recovery remains on track. More
BING NEWS:
  • Dealing with an Underwater Mortgage
    If the balance remaining across all your mortgages is higher than your home's value, then you're underwater on your loan. For example, if your home's value is $275,000 and you owe $300,000 on your ...
    05/30/2024 - 3:45 am | View Link
  • Zero-down mortgages are making a comeback
    Many Americans would love to buy a home, but they don’t have tens of thousands of dollars to cover a down payment.
    05/30/2024 - 12:10 am | View Link
  • Deutsche Bank to offer discounted mortgages for climate-friendly houses
    Deutsche Bank and the European Investment Bank Group, consisting of the European Investment Bank and the European Investment Fund, have signed an agreement to promote climate-friendly new builds and ...
    05/19/2024 - 10:19 pm | View Link
  • Southern States Sink As Seriously Underwater Home Mortgages Rise
    According to a report released on May 9, 2024, the number of properties classified as seriously underwater is ticking up, with southern states bearing the brunt of the phenomenon. One in 37 homes with ...
    05/13/2024 - 1:00 am | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News