Survey: 36% Say Walking Away from a Mortgage ‘Acceptable’
Despite the faintly good news about the job market, the housing market and real estate prices continue to create problems for homeowners. Personal bankruptcies are at a five year high and some of the reasons behind that number are the continuing foreclosures on homes. A new study released this week finds that in a time when more than one in every five home owners owe more on their homes that they are worth, more of us think walking away from a mortgage is acceptable.
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Survey: 36% Say Walking Away from a Mortgage ‘Acceptable’
