In many parts of the U.S., unloading a house due to a divorce could mean booking a loss if the couple bought the home recently
Higher mortgage rates can make refinancing for one spouse more expensive, making negotiations tougherZack Wittman for The Wall Street JournalWhen Ashley Worsham was getting a divorce last year, she wanted to continue living in the Sarasota, Fla., home she purchased in 2020 with her then-husband, Luke Giaccone.
But refinancing their current mortgage to take Mr. Giaccone off the loan would have raised her monthly payments by about $500 a month. “I noped out of that really fast,” she said.
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