Prepayment activity to slow in 2023 as mortgage delinquencies face pressure
Prepayment activity is expected to face seasonal headwinds into early 2023 after hitting another record low in November.
Source: housingwire.com
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Here's how many homes are 'underwater' in South Florida
Some South Floridians now owe more than their house is worth as prices dipped this year, but the majority of this year’s buyers still are seeing their home values hold strong.
Source: sun-sentinel.com
Just 3% of recent buyers will be underwater if prices drop 4%
The Redfin study covers property transactions between January 2021 and September 2022.
Source: nationalmortgagenews.com
As prices decline, some California homeowners are nervous
Southern California home prices are falling, eroding equity homeowners could spend on renovations or emergencies. People who bought at the peak are particularly nervous.
Source: latimes.com
As U.S. home prices fall, an alarming number of buyers are underwater
Hundreds of thousands of homeowners who bought properties this year owe more than their homes are worth.
Source: cbsnews.com