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🚨 BREAKING: Nearly 1 million homeowners are now underwater on their mortgages, the highest level in 3 years, @MarketWatch reports.1.6% of all U.S. mortgage holders now owe more than their homes are worth as pandemic-era price gains reverse in markets like Austin (-21%) and Cape Coral, FL (-15%).90% of affected borrowers bought within the last 3.5 years. FHA and VA loan holders hit hardest, with foreclosure starts up 23% YoY. ...