Tue, July 29, 2025 at 7:00 PM UTC If you owe more on your mortgage than what your home is worth, you have what’s known as an underwater or upside-down mortgage, or negative equity. This can happen ...

Many people think owning a home is always a good investment. While that’s often true, there’s a risk that you could end up with an underwater mortgage. But what is an underwater mortgage exactly? This ...

If you owe more on your home than it’s worth, your mortgage is considered “underwater.” Hundreds of thousands of U.S. homeowners find themselves in this situation every year. Meanwhile, other ...

New enhancements to the existing Making Home Affordable Program (MHA) and Federal Housing Administration (FHA) refinance program announced on Friday will help underwater borrowers refinance into an ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, ...

A seven-month-old government program to help homeowners with little or no equity refinance their mortgages has so far reached fewer than 3 percent of those targeted, with many struggling borrowers ...

*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. If you didn’t succeed in refinancing your underwater mortgage, try, try again. More banks are willing now to refinance homes that ...

A proposed refinance plan could serve as a “huge anchor” for underwater homeowners and the economy, according to Northwest legislator about a proposal that is gaining widespread support. “Millions of ...

An estimated 11 million homeowners - perhaps 25 percent of all homeowners - are "underwater", a situation where their mortgage exceeds the present value of their home. Many are making their payments ...