- Find a Property
- Find an Agent
Five Interesting Mortgage Stats
- As of June, the average 15-year fixed loan rate fell to 2.97%. This is the first time it's dropped below 3% in 21 years.
- 62% of all new single family homes sold in 2011 were financed by a conventional loan, up from 58% in 2010.
- 81% refinance share of total mortgage activity
- The average loan size in January 2012 was $226,000
- 30% of existing home sales in 2011 were cash purchases