Mortgage Stats To Think About

Groups Who Financed Their Home Purchase:

  • 87% of Buyers
  • 82% of Repeat Buyers
  • 95% of First-time Buyers

Consumers Most Important Factor When Choosing a Loan:

  • 39% Lowest possible interest rate
  • 23% Lowest possible monthly payment
  • 76% of consumers preferred a higher, fixed-rate mortgage to a lower, variable-rate one.
  • 72% of borrowers plan to remain in their home for more than 7 years

(Source: Brian Buffini Real Estate Report 2012)