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10% of people underwater on mortgage

Tuesday, February 23rd, 2010

More than 10% of people with mortgages owe 25% more than their home is worth, according to a report released Tuesday by FirstAmerican CoreLogic.

Thanks to MarketWatch for this article.
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ABOUT THIS AUTHOR

I’ve been trading since early 1990s in the markets. After having lived through the DOT COM crash, as well as the bounce thereafter, I realized that in order to make money in the market our EXITS are far more important. Patience + Discipline + Money Management + System = PROFIT

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