Daily Archives: November 15th, 2011

St Louis Home Mortgage Lending: Underwater Means Drowning In Debt

St Louis Mortgage and Real Estate News – St Louis Loan, Mortgage Refinancing and Consumer Lending News: Drowning In Negative Equity | St Louis Home Mortgage and Commercial Loans | Principal Reduction Program | 314-334-0210 | Floyd Tapia, Commercial Lending, Loan Reduction and Customer Financing

If you have no desire or need to sell your home, then falling home prices are just on paper and likely temporary, right? Depends on how you look at it. Falling home prices put more borrowers in a negative equity position, that is owing more on their mortgage(s) than…
http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-home-mortgage-lending-underwater-means-drowning-in-debt