St. Louis Fed Sees Little Improvement for Underwater Homeowners
If the Federal Reserve Bank of New York found that money and debt problems are causing a “bottleneck” in homeownership, then the Fed’s Saint Louis branch has made its own unpleasant discovery using the same data: In the last three years the percentage of households with negative equity has barely budged. An analysis of the …
St. Louis Fed Sees Little Improvement for Underwater Homeowners Read More »
