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

Meredith Dunn, Research Communications Manager

Meredith Dunn, Research Communications Representative, manages Real Estate INSIGHTS, the Research Update, and assists in managing Research content on Realtor.org as well as on various social media sites. She also produces video content for the multimedia portion of the Research site.

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