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Reporter's query: Is your house 'under water'?

9:48 AM Thu, Oct 09, 2008 |
maria caporizzo    Email

Is your house "under water" ?

If you bought your house within the last 5 years, you may be among those Rhode Islanders who now owe more on your mortgage than your home is worth. Falling house prices are leaving more homeowners with mortgages they can no longer refinance -- and houses that they can't sell for enough money to pay off their loans.

Reporter Lynn Arditi is looking to interview Rhode Island residents who are facing this problem for a story. Please contact her at larditi@projo.com or call (401) 277-7335.

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Comments

Rob said:

If you bought your house within the last 5 years, you may be among those Rhode Islanders who now owe more on your mortgage than your home is worth. Falling house prices are leaving more homeowners with mortgages they can no longer refinance -- and houses that they can't sell for enough money to pay off their loans.




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