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Rust Belt Mortgages Are Swimming Underwater

It seems homeowners in the Rust Belt region, which stretches from New York through Indiana, have the most to worry about when it comes to their mortgage payments–at least according to Zillow’s Negative Equity Report released this morning.

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The Retiree Effect on Homeownership

As older Americans enter into retirement age, they are pressed with the question of staying in their home, borrowing against their home, or opting out of homeownership for renting.

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