Just 44% Believe Their Home Worth More Than Mortgage
Home ownership used to be the cornerstone of middle class financial planning and equity in a home is typically a family’s biggest asset. But most homeowners now doubt they have any equity value in their home.
The latest Rasmussen Reports national telephone survey of U.S. homeowners shows that just 44% believe their home is worth more than the amount they still owe on their mortgage.
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The survey of 690 U.S. Homeowners was conducted on December 19-20, 2011 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.
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