{"id":63432,"date":"2009-04-17T06:01:00","date_gmt":"2009-04-16T23:01:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/900000-homeowners-pushed-into-negative-equity-says-mortgage-body\/"},"modified":"2017-08-11T19:21:02","modified_gmt":"2017-08-11T12:21:02","slug":"900000-homeowners-pushed-into-negative-equity-says-mortgage-body","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/900000-homeowners-pushed-into-negative-equity-says-mortgage-body\/","title":{"rendered":"900,000 homeowners pushed into negative equity, says mortgage body"},"content":{"rendered":"<p>&#013;<br \/>\nFigures show 1 in 10 property owners in north-east living in houses worth less than mortgageFalling house prices have pushed more than 900,000 homeowners into negative equity, according to the industry body representing mortgage lenders.The latest data from the Council of Mortgage Lenders issued yesterday, reveals that the north-east of England has the highest proportion of people trapped in properties worth less than their mortgages. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2009\/apr\/17\/mortgages-negative-equity-recession\" target=\"_blank\">900,000 homeowners pushed into negative equity, says mortgage body<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Figures show 1 in 10 property owners in north-east living in houses worth less than&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-63432","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-gv6","jetpack-related-posts":[{"id":19716,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homeowners-in-northern-england-most-vulnerable-to-negative-equity\/","url_meta":{"origin":63432,"position":0},"title":"Homeowners in northern England &#039;most vulnerable to negative equity&#039;","date":"July 14, 2016","format":false,"excerpt":"\r A 10% drop in house prices would see one in 10 borrowers fall into negative equity, warns Moody\u2019s, as Bank of England revises market forecastA 10% fall in house prices would put almost one in 10 borrowers in the north of England in negative equity, credit ratings agency Moody\u2019s\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40237,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/higher-prices-give-homeowners-billions-more-in-equity-but-mood-is-soured-by-rising-mortgage-rates\/","url_meta":{"origin":63432,"position":1},"title":"Higher prices give homeowners billions more in equity, but mood is soured by rising mortgage rates","date":"January 11, 2017","format":false,"excerpt":"\r Millions of borrowers are being lifted from underwater on their mortgages, but higher rates are having negative effects.\r \r Source : cnbc.com\r Read more...Higher prices give homeowners billions more in equity, but mood is soured by rising mortgage rates","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":535,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/1-million-homeowners-emerge-from-underwater-in-3q\/","url_meta":{"origin":63432,"position":2},"title":"1 million homeowners emerge from underwater in 3Q","date":"December 3, 2015","format":false,"excerpt":"\r The overall negative home equity rate fell to 13.4 percent of homeowners with a mortgage.\r \r Source : cnbc.com\r Read more...1 million homeowners emerge from underwater in 3Q","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":145985,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-refinance-demand-drops-further-despite-homeowners-sitting-on-17-trillion-in-equity\/","url_meta":{"origin":63432,"position":3},"title":"Mortgage refinance demand drops further, despite homeowners sitting on $17 trillion in equity","date":"July 10, 2024","format":false,"excerpt":"\r The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased last week to 7.00% from 7.03%.\r \r Source : cnbc.com\r Read more...Mortgage refinance demand drops further, despite homeowners sitting on trillion in equity","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100638,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/negative-equity-returns-to-hong-kong-as-small-flats-value-drop-by-20-per-cent-in-a-declining-market\/","url_meta":{"origin":63432,"position":4},"title":"Negative equity returns to Hong Kong as small flats\u2019 value drop by 20 per cent in a declining market","date":"October 29, 2018","format":false,"excerpt":"\r Scores of homeowners in Hong Kong are on the verge of falling into negative equity, with small flats in older buildings losing up to a fifth of their value in a matter of weeks. Many people who bought flats in the last couple of months have seen their value\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14450,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/my-house-has-negative-equity-can-i-sell-it-and-switch-to-a-new-mortgage\/","url_meta":{"origin":63432,"position":5},"title":"My house has negative equity, can I sell it and switch to a new mortgage?","date":"May 26, 2016","format":false,"excerpt":"\r The value of my house is less than my mortgage, what should I do if I want to sell the house and move the shortfall over to a new mortgage?Q I want to sell my terraced house. It is valued at \u00a345,000 but my mortgage is over \u00a365,000 so\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/63432"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=63432"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/63432\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=63432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=63432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=63432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}