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Underwater: Negative Equity Mortgages By State

Negative equity means the owner owes more on a mortgage than the home is worth -- also referred to as being "underwater." This map shows the percentage of negative equity mortgages in each state during the second quarter of 2010. Nationwide, 23 percent of homeowners are "underwater."

Negative equity means the owner owes more on a mortgage than the home is worth — also referred to as being "underwater." This map shows the percentage of negative equity mortgages in each state during the second quarter of 2010. Nationwide, 23 percent of homeowners are "underwater."