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2 Million Americans No Longer Plagued By Negative Equity

Almost 2 million American homeowners were freed from negative equity in 2012, and the overall percentage of all homeowners with a mortgage in negative equity fell to 27.5 percent at the end of the fourth quarter, according to Zillow’s fourth quarter Negative Equity Report.

 

Home equity lines have dried up across U.S.

Home equity lines have dried up across U.S.

Borrowing on the home for quick cash is a lot harder than it used to be in the United States, and it's causing headaches for homeowners, banks and the economy.

 

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