But thanks to sustained rises in home prices, the number of homeowners stuck in the negative equity trap is dwindling. According to analytics firm CoreLogic, 100,000 borrowers edged into the positive equity territory in the third quarter of 2012, adding to the more than 1.3 million borrowers that rose above water on their mortgages through the second quarter of last year.
Read more: Read more: Housing Recovery Bailed Out 1.4 Million Underwater Homeowners in 2012 - The Home Front (usnews.com)
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| Mortgage And Real Estate News | ||
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