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Luxury Home Values and Mortgages are Nearly Equal

July 18th, 2013 by The JetSetter Team | Comments Off on Luxury Home Values and Mortgages are Nearly Equal

For some time now the housing market has forced many luxury home owners to borrow considerably more than their homes are worth. However, reports indicate that the era may be nearing its end. About one year ago over 30% of homeowners with jumbo mortgages were in the negative. This year that number has dropped to […]