Fewer underwater mortgages as higher home prices help owners regain equity — South Florida Sun Sentinel

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[FAQ] CRASH PLANNING: Homes, Mortgages & Opportunities by Lynette Zang South Florida home prices rose 5.4 percent in April compared with a year ago, according to the S&P CoreLogic Case-Shiller index.

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Less Than 10 Percent of Homeowners Are Underwater on Their Mortgages When the housing crisis was at its lowest point, more than 30 percent of homeowners owed lenders more than the value of their homes

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