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A comment on U.S. mortgage interest rates jump to 7.16%, highest since 2001. Parent comment

Re:U.S. mortgage interest rates jump to 7.16%, highest since... by kotlin2 on Wednesday October 26, 2022 @11:44AM (#33345447)
How much did you owe after the properties were sold?
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Re:U.S. mortgage interest rates jump to 7.16%, highest since... by toomuchtodo on Wednesday October 26, 2022 @12:03PM (#33345713)
Zero. And I was eligible for a new FHA mortgage 3 years after.
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Re:U.S. mortgage interest rates jump to 7.16%, highest since... by kotlin2 on Wednesday October 26, 2022 @12:09PM (#33345807)
I mean what was the difference between your outstanding mortgage principal and the value of the homes at the time of default?
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Re:U.S. mortgage interest rates jump to 7.16%, highest since... by toomuchtodo on Wednesday October 26, 2022 @12:31PM (#33346093)
Roughly $300k in aggregate
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