Personal Finance

August 30, 2013 11:26 AM

Big jump in home values pulls homeowners above water on mortgages

At the end of June, 12.2 million homeowners with mortgages — 23.8 percent — remained underwater, meaning they owed more on their mortgages than their homes were worth, according to an analysis by Zillow. That’s down from 15.3 million a year ago.

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