Economists' Outlook

Housing stats and analysis from NAR's research experts.

Type of Mortgage, First-Time and Repeat Buyers

  • While 95 percent of buyers in 2010 chose fixed rate mortgages, only 92 percent chose fixed-rate financing in 2011.
  • Of those with an adjustable product, a fixed- then adjustable product was about twice as common.
  • Repeat buyers were somewhat more likely to choose adjustable rate financing than first-time buyers.
  • For more information: http://www.realtor.org/topics/homebuyers_sellers_profile
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