Monday, December 13, 2010

Real estate health: Nashville's 'underwater' mortgage rate flat | Nashville Business Journal

Real estate health: Nashville's 'underwater' mortgage rate flat Nashville Business Journal

The number of Nashville-area homeowners with negative equity — meaning they owe more on their mortgage than their home is worth — remained flat in the third quarter despite a slight decrease nationwide, according to data released today by CoreLogic.

But Nashville's numbers remain far better than the nation's overall.

Read more: Real estate health: Nashville's 'underwater' mortgage rate flat Nashville Business Journal