Economists' Outlook

Housing stats and analysis from NAR's research experts.


Source: 2010 Profile of Home Buyers and Sellers


Source: 2009 AHS data on Occupied Housing Units with a Mortgage, NAR Calculations

  • In the 2010 Profile of Home Buyers and sellers, 95 percent of buyers financing their home purchase reported using a fixed-rate mortgage.  This share is similar to the result of the 2009 Profile, but noticeably higher than the 70 to 90 percent reporting a fixed-rate in the 2006 through 2008 Profiles.  In those years fixed- then adjustable-rate mortgages were more common.
  • Despite the relative prevalence of fixed- then adjustable rate mortgages in 2006 through 2008, the American Housing Survey shows that 93 percent of homes with mortgages outstanding in 2009 have a fixed-payment self-amortizing mortgage.
  • The share of fixed-rate mortgages varies by region from a low of 90 percent in the West to a high of nearly 95 percent in the Northeast.


[1] Occupied housing units with a mortgage reporting the type of mortgage

Notice: The information on this page may not be current. The archive is a collection of content previously published on one or more NAR web properties. Archive pages are not updated and may no longer be accurate. Users must independently verify the accuracy and currency of the information found here. The National Association of REALTORS® disclaims all liability for any loss or injury resulting from the use of the information or data found on this page.


Comment Policy

The opinions expressed in reader comments sections on this website are those of the reader and not NAR or REALTOR® Magazine.

About Economists' Outlook

Visit this blog daily to see what NAR experts are saying about the economy, the housing market, and other factors that will impact your business.

Housing Minute

Housing Minute is a monthly video series highlighting the latest housing data from the National Association of REALTORS® in a minute or less.