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Mortgage type %?User Forum Topic
Submitted by sd_bear on June 11, 2008 - 6:39pm
I've been searching for a while now for something that shows what the percentages are for the different types of outstanding mortgages but haven't come up with any hard data. Basically I'm looking for how many mortgages are: Prime Fixed And whatever other categories may exist.
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did you look in the new york fed website
All I could find there was very detailed stats about Alt-A and subprime mortgages.
If you are a High Networth Person.Over 1 million up. Schwab,Citi-Smith Barney are giving loans against your portfolios.No money down and 5/1 and 7/1 adjustable Jumbo.
If you are over 591/2 your retirement is counted as your income also.
These are the people buying. Retirees from out of State.