Fixed rate mortgage | |||||
---|---|---|---|---|---|
Total mortgaged properties |
Amortized | Short term with balloon payment |
Adjustable rate mortgage (ARM) |
Other mortgage | |
1-housing-unit properties with traditional first mortgage |
36410 | 29850 | 1695 | 4489 | 376 |
PROPERTY CHARACTERISTICS Manner of Acquisition By purchase |
35481 | 29124 | 1630 | 4363 | 365 |
Placed one new mortgage | 32878 | 27009 | 1482 | 4043 | 344 |
Placed two or more new mortgages | 938 | 772 | 38 | 120 | 8 |
Assumed mortgage(s) already on property | 886 | 742 | 42 | 102 | 0 |
Assumed mortgage(s) already on property and placed new mortgage |
171 | 136 | 23 | 12 | 0 |
Borrowed using assets other than this property as collateral |
135 | 103 | 18 | 11 | 3 |
Paid all cash-no borrowing | 403 | 317 | 14 | 66 | 6 |
Other manner | 70 | 45 | 13 | 9 | 3 |
By inheritance or gift | 504 | 409 | 35 | 58 | 2 |
By divorce | 67 | 53 | 6 | 8 | 0 |
By some other manner | 48 | 39 | 4 | 4 | 0 |
Not reported | 310 | 224 | 21 | 56 | 9 |
Source of Downpayment@1 Properties purchased 1995 to 2001 (part) |
18579 | 15285 | 905 | 2206 | 184 |
Sale of previous home | 5879 | 4790 | 320 | 690 | 80 |
Sale of other real property or other investments |
908 | 734 | 48 | 122 | 3 |
Savings | 9636 | 8059 | 426 | 1072 | 79 |
Borrowing from a retirement plan | 810 | 665 | 40 | 88 | 17 |
Borrowing using assets other than this property as collateral |
423 | 282 | 34 | 93 | 14 |
Proceeds from an insurance policy | 120 | 105 | 0 | 15 | 0 |
Payments in a lease-purchase agreement | 143 | 106 | 10 | 27 | 0 |
From a state or local government source | 263 | 228 | 19 | 16 | 0 |
From a non-profit organization | 34 | 22 | 0 | 12 | 0 |
From parents or relatives | 1846 | 1498 | 76 | 250 | 21 |
Other | 88 | 68 | 0 | 20 | 0 |
No downpayment required | 1354 | 1098 | 104 | 149 | 4 |
Not reported | 392 | 315 | 4 | 73 | 0 |
Other properties | 17661 | 14438 | 781 | 2258 | 183 |
Not reported | 170 | 127 | 9 | 25 | 9 |
Year Property Acquired 1999 to 2001 (part) |
8716 | 7143 | 432 | 1057 | 84 |
1997 and 1998 | 6110 | 5070 | 291 | 693 | 56 |
1995 and 1996 | 4212 | 3437 | 214 | 508 | 53 |
1990 to 1994 | 7133 | 5889 | 285 | 878 | 82 |
1985 to 1989 | 4397 | 3672 | 128 | 551 | 46 |
1980 to 1984 | 2247 | 1701 | 139 | 387 | 19 |
1975 to 1979 | 2049 | 1658 | 121 | 253 | 18 |
1970 to 1974 | 909 | 763 | 37 | 99 | 10 |
1969 or earlier | 636 | 517 | 48 | 62 | 9 |
Property New or Previously Occupied When Acquired Acquired by purchase |
35481 | 29124 | 1630 | 4363 | 365 |
New | 8913 | 7297 | 367 | 1140 | 109 |
Previously occupied by someone else | 26380 | 21667 | 1247 | 3210 | 257 |
Converted from non-residential use | 18 | 12 | 3 | 3 | 0 |
Other | 31 | 27 | 4 | 0 | 0 |
Not reported | 139 | 121 | 8 | 10 | 0 |
Other properties | 619 | 502 | 45 | 71 | 2 |
Not reported | 310 | 224 | 21 | 56 | 9 |
Year Structure Built 1999 to March 2000 |
1911 | 1537 | 86 | 266 | 22 |
1997 and 1998 | 2157 | 1742 | 91 | 296 | 28 |
1995 and 1996 | 1880 | 1546 | 74 | 209 | 52 |
1990 to 1994 | 3660 | 3089 | 127 | 415 | 28 |
1980 to 1989 | 6407 | 5285 | 261 | 815 | 46 |
1970 to 1979 | 6076 | 4980 | 305 | 749 | 41 |
1960 to 1969 | 3788 | 3140 | 175 | 445 | 27 |
1950 to 1959 | 4389 | 3643 | 222 | 472 | 52 |
1940 to 1949 | 1965 | 1627 | 87 | 234 | 18 |
1939 or earlier | 4176 | 3260 | 266 | 589 | 62 |
Purchase Price Properties acquired by purchase 1997 to 2001 (part) |
14477 | 11924 | 712 | 1710 | 131 |
Less than $20,000 | 287 | 209 | 18 | 57 | 3 |
$20,000 to $39,999 | 729 | 540 | 59 | 118 | 11 |
$40,000 to $59,999 | 1084 | 922 | 58 | 94 | 11 |
$60,000 to $79,999 | 1605 | 1344 | 102 | 146 | 13 |
$80,000 to $99,999 | 1796 | 1513 | 84 | 194 | 3 |
$100,000 to $124,999 | 1813 | 1538 | 83 | 185 | 7 |
$125,000 to $149,999 | 1822 | 1550 | 67 | 189 | 17 |
$150,000 to $174,999 | 1330 | 1148 | 53 | 120 | 9 |
$175,000 to $199,999 | 840 | 683 | 38 | 102 | 17 |
$200,000 to $249,999 | 1138 | 936 | 39 | 146 | 18 |
$250,000 to $299,999 | 717 | 581 | 30 | 93 | 13 |
$300,000 to $499,999 | 967 | 726 | 50 | 186 | 5 |
$500,000 or more | 349 | 233 | 31 | 82 | 3 |
Median | 123967 | 123292 | 110414 | 133150 | 151459 |
Mean | 155516 | 151536 | 156370 | 181959 | 167947 |
Other properties | 21933 | 17925 | 984 | 2779 | 245 |
Value Less than $20,000 |
285 | 222 | 32 | 32 | 0 |
$20,000 to $39,999 | 1051 | 794 | 71 | 180 | 6 |
$40,000 to $59,999 | 2317 | 1801 | 137 | 348 | 30 |
$60,000 to $79,999 | 3569 | 2860 | 260 | 412 | 38 |
$80,000 to $99,999 | 4371 | 3665 | 143 | 518 | 45 |
$100,000 to $124,999 | 4223 | 3451 | 267 | 470 | 34 |
$125,000 to $149,999 | 4235 | 3516 | 146 | 537 | 36 |
$150,000 to $174,999 | 3482 | 2971 | 115 | 355 | 41 |
$175,000 to $199,999 | 2476 | 2130 | 82 | 239 | 25 |
$200,000 to $249,999 | 3117 | 2624 | 128 | 326 | 38 |
$250,000 to $299,999 | 2167 | 1784 | 102 | 237 | 44 |
$300,000 to $499,999 | 3487 | 2828 | 107 | 524 | 28 |
$500,000 or more | 1630 | 1204 | 105 | 312 | 10 |
Median | 139102 | 140158 | 119160 | 138258 | 149345 |
Mean | 182092 | 179019 | 174019 | 205793 | 179482 |
Value of Capital Improvements Properties with capital improvements between 1998 and 2000 |
20429 | 16762 | 973 | 2485 | 209 |
Less than $500 | 308 | 239 | 5 | 60 | 4 |
$500 to $999 | 671 | 541 | 46 | 77 | 7 |
$1,000 to $2,499 | 3306 | 2719 | 131 | 451 | 4 |
$2,500 to $4,999 | 3298 | 2713 | 152 | 408 | 25 |
$5,000 to $7,499 | 3843 | 3129 | 176 | 476 | 62 |
$7,500 to $9,999 | 1129 | 965 | 56 | 100 | 8 |
$10,000 to $14,999 | 2624 | 2160 | 95 | 342 | 27 |
$15,000 to $19,999 | 1435 | 1167 | 70 | 171 | 27 |
$20,000 to $29,999 | 1875 | 1554 | 119 | 176 | 26 |
$30,000 or more | 1941 | 1574 | 123 | 224 | 20 |
Median | 6712 | 6733 | 7169 | 6291 | 8491 |
Mean | 12852 | 12590 | 17307 | 12748 | 14406 |
Properties with no capital improvements between 1998 and 2000 |
12646 | 10372 | 580 | 1569 | 126 |
Capital improvements not reported |
3335 | 2716 | 143 | 436 | 41 |
Age Restrictions Property located in subdivision restricted to people age 55 or older |
1987 | 1691 | 64 | 205 | 27 |
Property located in subdivision not restricted to people age 55 or older |
32987 | 26983 | 1577 | 4103 | 324 |
Not reported | 1436 | 1176 | 54 | 181 | 25 |
Neighborhood Composition Property located in subdivision or neighborhood occupied predominantly by people age 55 or older |
2589 | 2062 | 171 | 326 | 31 |
Property located in subdivision or neighborhood not occupied predominantly by people age 55 or older |
24263 | 19886 | 1147 | 3003 | 226 |
Don't know or not reported | 9558 | 7902 | 377 | 1160 | 119 |
Type of Property Benefits@1 Government-sponsored below-market interest rate mortgage loan |
495 | 448 | 12 | 35 | 0 |
Other government grant or subsidy | 193 | 158 | 19 | 16 | 0 |
Property tax relief | 1633 | 1350 | 87 | 181 | 15 |
Subsidy from a non-profit corporation | 40 | 35 | 0 | 5 | 0 |
None of the above benefits | 27506 | 22555 | 1276 | 3407 | 268 |
Not reported | 6587 | 5348 | 302 | 844 | 93 |
Source of Property Benefits@1 With property benefits |
2317 | 1947 | 117 | 238 | 15 |
Federal government | 467 | 404 | 30 | 33 | 0 |
State government | 1019 | 829 | 64 | 114 | 11 |
Local government | 694 | 585 | 33 | 73 | 3 |
Non-profit corporation | 40 | 35 | 0 | 5 | 0 |
Not reported | 190 | 173 | 4 | 12 | 0 |
With no property benefits | 27506 | 22555 | 1276 | 3407 | 268 |
Not reported | 6587 | 5348 | 302 | 844 | 93 |
Reason for Benefits@1 With property benefits |
2317 | 1947 | 117 | 238 | 15 |
Occupied by low- or moderate-income individuals |
511 | 455 | 14 | 39 | 3 |
Occupied by elderly or disabled individuals |
253 | 207 | 15 | 25 | 7 |
A historic structure | 27 | 27 | 0 | 0 | 0 |
Located in a community development or economic development area |
151 | 140 | 2 | 9 | 0 |
Covered by a Homestead Exemption | 1008 | 842 | 65 | 101 | 0 |
Covered by a Community Land Trust | 5 | 0 | 5 | 0 | 0 |
Covered by disaster relief | 25 | 20 | 0 | 5 | 0 |
Other reason | 468 | 394 | 26 | 43 | 4 |
Not reported | 127 | 96 | 5 | 23 | 3 |
With no property benefits | 27506 | 22555 | 1276 | 3407 | 268 |
Not reported | 6587 | 5348 | 302 | 844 | 93 |
OWNER CHARACTERISTICS Owner Status 1 owner |
11431 | 9371 | 528 | 1430 | 103 |
2 owners | 24552 | 20105 | 1154 | 3020 | 273 |
3 or more owners | 428 | 374 | 14 | 40 | 0 |
Age of Owner Under 25 |
328 | 255 | 15 | 56 | 3 |
25 to 34 | 5182 | 4240 | 289 | 603 | 51 |
35 to 44 | 10436 | 8606 | 462 | 1275 | 93 |
45 to 54 | 10399 | 8670 | 422 | 1198 | 109 |
55 to 64 | 5579 | 4459 | 264 | 805 | 50 |
65 to 74 | 2178 | 1792 | 128 | 237 | 22 |
75 and over | 668 | 525 | 47 | 85 | 11 |
Not reported | 1640 | 1304 | 69 | 230 | 38 |
Median | 46 | 46 | 46 | 47 | 47 |
Race of Owner White alone |
31761 | 25881 | 1545 | 3993 | 342 |
Black or African American alone | 2840 | 2444 | 95 | 276 | 24 |
American Indian or Alaska Native alone | 194 | 163 | 14 | 17 | 0 |
Asian alone | 1241 | 1054 | 20 | 157 | 10 |
Native Hawaiian or Other Pacific Islander alone |
115 | 102 | 1 | 12 | 0 |
Two or more races | 260 | 206 | 21 | 33 | 0 |
Sex of Owner Male/Male and female co-owners |
30105 | 24664 | 1386 | 3751 | 305 |
Female | 6305 | 5185 | 310 | 738 | 71 |
Hispanic/Latino Origin Hispanic/Latino owner(s) only |
2927 | 2445 | 163 | 296 | 24 |
No Hispanic/Latino owner(s) | 33483 | 27404 | 1533 | 4193 | 352 |
Veteran Status@1 Veteran |
7576 | 6273 | 383 | 848 | 72 |
Active member of Reserves or National Guard for at least 6 years |
1327 | 1087 | 74 | 160 | 6 |
Persian Gulf War or after (August 1990 to present) |
881 | 757 | 22 | 102 | 0 |
Vietnam or after (August 1964 to July 1990) |
4437 | 3710 | 243 | 432 | 51 |
Korean conflict or after (July 1950 to July 1964) |
1503 | 1210 | 73 | 206 | 15 |
World War II or after (September 1940 to June 1950) |
555 | 446 | 23 | 78 | 8 |
Nonveteran | 26861 | 21918 | 1251 | 3420 | 271 |
Not reported | 1973 | 1658 | 61 | 221 | 33 |
Income Less than $5,000 |
3018 | 2406 | 106 | 461 | 45 |
$5,000 to $9,999 | 331 | 266 | 8 | 54 | 3 |
$10,000 to $14,999 | 595 | 472 | 31 | 92 | 0 |
$15,000 to $19,999 | 889 | 706 | 61 | 112 | 10 |
$20,000 to $24,999 | 1244 | 1048 | 72 | 115 | 8 |
$25,000 to $29,999 | 1574 | 1291 | 108 | 175 | 0 |
$30,000 to $34,999 | 1738 | 1460 | 63 | 199 | 17 |
$35,000 to $39,999 | 1668 | 1326 | 81 | 252 | 8 |
$40,000 to $49,999 | 3858 | 3107 | 200 | 505 | 46 |
$50,000 to $59,999 | 3717 | 3071 | 198 | 403 | 45 |
$60,000 to $79,999 | 6352 | 5261 | 261 | 750 | 80 |
$80,000 to $99,999 | 4089 | 3406 | 184 | 462 | 37 |
$100,000 to $119,999 | 2629 | 2182 | 124 | 285 | 38 |
$120,000 or more | 4709 | 3847 | 199 | 623 | 39 |
Median | 58852 | 59257 | 55974 | 56921 | 61300 |
Mean | 72951 | 72947 | 68731 | 75140 | 66161 |
Owned Home Previously Previously owned home |
20301 | 16522 | 975 | 2563 | 240 |
Never owned home before | 14820 | 12269 | 665 | 1763 | 122 |
Not reported | 1290 | 1058 | 55 | 163 | 14 |
MORTGAGE CHARACTERISTICS Method of Loan Application By computer over the Internet or by e-mail |
270 | 204 | 25 | 41 | 0 |
By telephone or FAX | 3579 | 2973 | 171 | 429 | 6 |
By regular mail | 895 | 768 | 19 | 89 | 19 |
By personal visit | 22198 | 18098 | 1063 | 2791 | 245 |
Through third party (such as real estate agent or builder) |
6531 | 5451 | 260 | 742 | 78 |
Some other way | 102 | 98 | 0 | 4 | 0 |
Not reported | 2474 | 1961 | 134 | 351 | 27 |
Not available | 361 | 296 | 23 | 42 | 0 |
Origin of First Mortgage Mortgage made at time property acquired |
25921 | 21140 | 1199 | 3269 | 314 |
Mortgage assumed at the time property acquired |
704 | 593 | 36 | 75 | 0 |
Mortgage placed later than acquisition of property |
9785 | 8117 | 461 | 1146 | 62 |
Refinanced mortgage | 8890 | 7389 | 395 | 1046 | 59 |
Same lender | 2568 | 2113 | 131 | 310 | 15 |
Different lender | 6321 | 5277 | 264 | 736 | 44 |
Mortgage placed on property owned free and clear of debt |
896 | 727 | 66 | 100 | 3 |
Not available | 0 | 0 | 0 | 0 | 0 |
Purpose of First Mortgage Placed Later Than Acquisition of Property Properties on which mortgages placed later than acquisition of property |
9785 | 8117 | 461 | 1146 | 62 |
Obtain lower interest rate | 5976 | 5111 | 244 | 590 | 31 |
Increase payment period for mortgage | 83 | 60 | 4 | 19 | 0 |
Reduce payment period for mortgage | 264 | 239 | 3 | 21 | 0 |
Renew or extend loan that had fallen due, without increasing outstanding balance |
203 | 166 | 16 | 20 | 0 |
Receive cash or increase outstanding balance of loan |
2713 | 2147 | 135 | 403 | 28 |
Other reason | 277 | 179 | 33 | 62 | 3 |
Not reported | 269 | 214 | 25 | 30 | 0 |
Other properties | 26625 | 21733 | 1234 | 3343 | 314 |
Not available | 0 | 0 | 0 | 0 | 0 |
Cash Received From Refinancing or Placing Mortgage on Property Owned Free and Clear Properties on which cash received |
4300 | 3509 | 236 | 514 | 41 |
Less than $20,000 | 1711 | 1431 | 65 | 204 | 12 |
$20,000 to $39,999 | 1300 | 1009 | 113 | 161 | 17 |
$40,000 to $59,999 | 552 | 464 | 23 | 66 | 0 |
$60,000 to $79,999 | 255 | 212 | 18 | 25 | 0 |
$80,000 to $99,999 | 173 | 142 | 14 | 12 | 5 |
$100,000 to $124,999 | 140 | 113 | 4 | 16 | 7 |
$125,000 to $149,999 | 50 | 47 | 0 | 4 | 0 |
$150,000 to $174,999 | 57 | 50 | 0 | 7 | 0 |
$175,000 to $199,999 | 18 | 9 | 0 | 8 | 0 |
$200,000 to $249,999 | 25 | 22 | 0 | 3 | 0 |
$250,000 to $299,999 | 15 | 9 | 0 | 5 | 0 |
$300,000 or more | 5 | 2 | 0 | 3 | 0 |
Median | 26754 | 26411 | 29458 | 26626 | 30403 |
Mean | 35604 | 34984 | 31238 | 41431 | 40703 |
Properties that refinanced and did not receive cash back |
4630 | 3930 | 188 | 494 | 18 |
Properties that refinanced and did not report if received cash back |
855 | 678 | 37 | 138 | 3 |
Properties that did not refinance |
26625 | 21733 | 1234 | 3343 | 314 |
Not available | 0 | 0 | 0 | 0 | 0 |
Use of Cash From Refinancing or Placing Mortgage on Property Owned Free and Clear Properties on which cash received@1 |
4300 | 3509 | 236 | 514 | 41 |
For additions, improvements or repairs to this property |
2032 | 1627 | 136 | 256 | 13 |
To consolidate debts | 1992 | 1617 | 116 | 226 | 33 |
For investment in other real estate | 307 | 268 | 0 | 34 | 5 |
For other types of investments | 270 | 228 | 11 | 32 | 0 |
For educational or medical expenses | 336 | 299 | 11 | 26 | 0 |
To start a business | 99 | 56 | 11 | 31 | 0 |
To settle a divorce | 113 | 88 | 5 | 20 | 0 |
To pay taxes | 126 | 105 | 9 | 11 | 0 |
To purchase an automobile, truck, or other vehicle |
414 | 336 | 28 | 47 | 2 |
To purchase consumer product other than automobile, truck, or other vehicle |
124 | 101 | 4 | 20 | 0 |
Other | 103 | 85 | 9 | 4 | 5 |
Not reported | 52 | 37 | 9 | 6 | 0 |
Properties that refinanced and did not receive cash back |
4630 | 3930 | 188 | 494 | 18 |
Properties that refinanced and did not report if received cash back |
855 | 678 | 37 | 138 | 3 |
Properties that did not refinance |
26625 | 21733 | 1234 | 3343 | 314 |
Not available | 0 | 0 | 0 | 0 | 0 |
Year First Mortgage Made or Assumed 1999 to 2001 (part) |
13816 | 11294 | 700 | 1688 | 133 |
1997 and 1998 | 8586 | 7295 | 356 | 872 | 63 |
1995 and 1996 | 3932 | 3128 | 207 | 539 | 58 |
1990 to 1994 | 6283 | 5216 | 255 | 746 | 65 |
1985 to 1989 | 1921 | 1522 | 51 | 310 | 38 |
1980 to 1984 | 693 | 482 | 29 | 173 | 8 |
1979 or earlier | 1179 | 913 | 96 | 159 | 11 |
First Mortgage Insurance Status FHA-insured first mortgage |
3985 | 3442 | 142 | 370 | 31 |
VA-guaranteed first mortgage | 1055 | 943 | 26 | 78 | 8 |
Rural Housing Service-Rural Development- insured or -guaranteed first mortgage |
786 | 695 | 25 | 46 | 20 |
Other federal, state, or local government-insured or guaranteed first mortgage |
869 | 649 | 59 | 139 | 22 |
Insured conventional first mortgage | 4426 | 3839 | 111 | 454 | 23 |
Uninsured conventional first mortgage | 25289 | 20283 | 1334 | 3402 | 272 |
Not reported | 0 | 0 | 0 | 0 | 0 |
Traditional First Mortgage Loan Less than $20,000 |
1239 | 980 | 79 | 169 | 10 |
$20,000 to $29,999 | 1785 | 1359 | 138 | 259 | 30 |
$30,000 to $39,999 | 2274 | 1769 | 121 | 358 | 25 |
$40,000 to $49,999 | 2508 | 2071 | 135 | 281 | 21 |
$50,000 to $59,999 | 3030 | 2505 | 161 | 352 | 12 |
$60,000 to $79,999 | 5696 | 4675 | 308 | 645 | 67 |
$80,000 to $99,999 | 4698 | 4027 | 165 | 489 | 17 |
$100,000 to $149,999 | 7972 | 6708 | 309 | 839 | 116 |
$150,000 to $199,999 | 3333 | 2836 | 103 | 354 | 40 |
$200,000 to $249,999 | 1683 | 1348 | 56 | 267 | 12 |
$250,000 to $299,999 | 649 | 486 | 20 | 133 | 11 |
$300,000 or more | 1117 | 735 | 81 | 290 | 10 |
Not reported | 427 | 350 | 19 | 52 | 6 |
Median | 86214 | 86906 | 73232 | 86293 | 101173 |
Mean | 106653 | 105084 | 98702 | 119940 | 108455 |
Total Mortgage Loan Less than $20,000 |
1127 | 898 | 58 | 161 | 10 |
$20,000 to $29,999 | 1633 | 1265 | 117 | 230 | 21 |
$30,000 to $39,999 | 2122 | 1612 | 136 | 353 | 22 |
$40,000 to $49,999 | 2283 | 1873 | 137 | 256 | 17 |
$50,000 to $59,999 | 2795 | 2326 | 147 | 309 | 13 |
$60,000 to $79,999 | 5529 | 4566 | 271 | 627 | 65 |
$80,000 to $99,999 | 4756 | 4011 | 194 | 522 | 28 |
$100,000 to $149,999 | 8152 | 6822 | 347 | 870 | 112 |
$150,000 to $199,999 | 3750 | 3215 | 112 | 374 | 50 |
$200,000 to $249,999 | 1733 | 1398 | 46 | 278 | 12 |
$250,000 to $299,999 | 786 | 609 | 30 | 136 | 11 |
$300,000 or more | 1326 | 914 | 81 | 322 | 10 |
Not reported | 418 | 341 | 19 | 52 | 6 |
Median | 90545 | 91042 | 77989 | 90836 | 104097 |
Mean | 112359 | 110727 | 104021 | 126279 | 113324 |
Traditional First Mortgage Outstanding Debt Less than $10,000 |
1300 | 1108 | 61 | 120 | 10 |
$10,000 to $19,999 | 1750 | 1359 | 108 | 268 | 16 |
$20,000 to $29,999 | 2232 | 1723 | 123 | 357 | 29 |
$30,000 to $39,999 | 2662 | 2094 | 163 | 378 | 27 |
$40,000 to $49,999 | 2818 | 2371 | 131 | 308 | 8 |
$50,000 to $59,999 | 2761 | 2270 | 143 | 319 | 30 |
$60,000 to $79,999 | 5382 | 4518 | 273 | 541 | 49 |
$80,000 to $99,999 | 4507 | 3720 | 182 | 541 | 63 |
$100,000 to $149,999 | 6918 | 5896 | 260 | 682 | 80 |
$150,000 to $199,999 | 2955 | 2487 | 88 | 342 | 38 |
$200,000 to $249,999 | 1258 | 981 | 52 | 222 | 3 |
$250,000 to $299,999 | 499 | 351 | 18 | 121 | 9 |
$300,000 or more | 949 | 628 | 74 | 239 | 8 |
Not reported | 420 | 343 | 19 | 52 | 6 |
Median | 76618 | 76947 | 68015 | 77339 | 84976 |
Mean | 96350 | 94653 | 91738 | 109044 | 100347 |
Total Mortgage Outstanding Debt Less than $10,000 |
1108 | 945 | 50 | 106 | 7 |
$10,000 to $19,999 | 1598 | 1277 | 71 | 240 | 10 |
$20,000 to $29,999 | 2143 | 1627 | 139 | 348 | 29 |
$30,000 to $39,999 | 2437 | 1906 | 156 | 352 | 23 |
$40,000 to $49,999 | 2596 | 2198 | 109 | 277 | 12 |
$50,000 to $59,999 | 2647 | 2151 | 143 | 325 | 29 |
$60,000 to $79,999 | 5327 | 4485 | 284 | 513 | 44 |
$80,000 to $99,999 | 4606 | 3761 | 206 | 570 | 69 |
$100,000 to $149,999 | 7207 | 6119 | 279 | 730 | 79 |
$150,000 to $199,999 | 3275 | 2759 | 96 | 376 | 44 |
$200,000 to $249,999 | 1352 | 1093 | 47 | 206 | 7 |
$250,000 to $299,999 | 617 | 453 | 23 | 133 | 9 |
$300,000 or more | 1101 | 754 | 74 | 265 | 8 |
Not reported | 395 | 322 | 19 | 48 | 6 |
Median | 80655 | 80927 | 72049 | 82073 | 88827 |
Mean | 100612 | 98892 | 95634 | 113707 | 103281 |
Current Interest Rate on First Mortgage Less than 6.0 percent |
9962 | 6933 | 1067 | 1721 | 241 |
6.0 percent | 423 | 359 | 0 | 64 | 0 |
6.1 to 6.4 percent | 811 | 628 | 17 | 162 | 4 |
6.5 to 6.9 percent | 3720 | 3220 | 46 | 428 | 25 |
7.0 percent | 3329 | 2950 | 32 | 338 | 8 |
7.1 to 7.4 percent | 2817 | 2489 | 32 | 286 | 10 |
7.5 to 7.9 percent | 3595 | 3143 | 100 | 333 | 20 |
8.0 percent | 1411 | 1281 | 42 | 84 | 3 |
8.1 to 8.4 percent | 1039 | 917 | 32 | 80 | 9 |
8.5 to 8.9 percent | 1335 | 1133 | 63 | 127 | 12 |
9.0 percent | 453 | 390 | 23 | 40 | 0 |
9.1 to 9.4 percent | 353 | 246 | 42 | 61 | 4 |
9.5 to 9.9 percent | 701 | 578 | 58 | 53 | 12 |
10.0 percent | 217 | 208 | 9 | 0 | 0 |
10.1 to 10.4 percent | 204 | 148 | 10 | 43 | 4 |
10.5 to 10.9 percent | 365 | 262 | 15 | 88 | 0 |
11.0 percent | 416 | 407 | 0 | 9 | 0 |
11.1 to 12.9 percent | 598 | 444 | 60 | 88 | 6 |
13.0 percent | 95 | 95 | 0 | 0 | 0 |
13.1 percent or more | 4566 | 4018 | 46 | 485 | 17 |
Not reported | 0 | 0 | 0 | 0 | 0 |
Median | 7.1 | 7.2 | 4.8 | 6.8 | 4.7 |
Type of Interest Rate Buydown Properties with interest rate buydown |
1114 | 993 | 0 | 121 | 0 |
Constant payment | 46 | 39 | 0 | 7 | 0 |
3-2-1 buydown | 12 | 7 | 0 | 5 | 0 |
Other | 34 | 29 | 0 | 5 | 0 |
Not reported | 1022 | 918 | 0 | 104 | 0 |
Properties without interest rate buydown |
16219 | 13836 | 450 | 1855 | 78 |
Not reported | 19077 | 15020 | 1245 | 2513 | 298 |
Term of First Mortgage Less than 5 years |
160 | 52 | 97 | 4 | 7 |
5 years | 303 | 183 | 113 | 7 | 0 |
6 to 9 years | 192 | 104 | 56 | 21 | 10 |
10 years | 669 | 602 | 38 | 19 | 11 |
11 to 14 years | 99 | 68 | 15 | 16 | 0 |
15 years | 4005 | 3696 | 59 | 233 | 17 |
16 to 19 years | 58 | 47 | 0 | 7 | 4 |
20 years | 818 | 687 | 24 | 99 | 8 |
21 to 24 years | 24 | 20 | 0 | 4 | 0 |
25 years | 290 | 213 | 4 | 73 | 0 |
26 to 29 years | 96 | 81 | 0 | 15 | 0 |
30 years | 14396 | 12236 | 199 | 1892 | 69 |
More than 30 years | 275 | 246 | 6 | 23 | 0 |
No stated term | 15026 | 11614 | 1086 | 2077 | 249 |
Median | 30 | 30 | 11 | 30 | 30 |
Unexpired Term of First Mortgage Less than 5 years |
1014 | 679 | 256 | 66 | 12 |
5 to 9 years | 2148 | 1903 | 56 | 170 | 18 |
10 to 14 years | 2912 | 2544 | 85 | 254 | 29 |
15 to 19 years | 1597 | 1339 | 44 | 196 | 18 |
20 to 24 years | 2711 | 2362 | 36 | 306 | 7 |
25 to 29 years | 9007 | 7714 | 93 | 1163 | 38 |
30 or more years | 1996 | 1696 | 38 | 257 | 4 |
No stated term or not computed | 15026 | 11614 | 1086 | 2077 | 249 |
Median | 25 | 25 | 9 | 26 | 16 |
Holder of First Mortgage Commercial bank or trust company |
5472 | 3926 | 502 | 963 | 82 |
Savings and loan association, federal savings bank |
3385 | 2461 | 158 | 713 | 53 |
Mutual savings bank | 626 | 474 | 16 | 124 | 13 |
Life insurance company | 565 | 423 | 28 | 101 | 13 |
Mortgage banker or mortgage company | 3154 | 2674 | 48 | 428 | 5 |
Federally-sponsored secondary market agency or pool |
17242 | 14968 | 668 | 1474 | 132 |
Conventional mortgage pool | 537 | 474 | 5 | 58 | 0 |
Other federal agency | 999 | 874 | 19 | 92 | 15 |
Real estate investment trust | 49 | 29 | 0 | 20 | 0 |
Pension or retirement fund | 48 | 32 | 5 | 11 | 0 |
Credit union | 1235 | 945 | 67 | 203 | 19 |
Finance company | 657 | 532 | 22 | 95 | 8 |
State or municipal government or housing finance agency |
1309 | 1110 | 57 | 125 | 18 |
Individual or individual's estate | 625 | 493 | 78 | 44 | 9 |
Other | 507 | 436 | 23 | 39 | 9 |
First Mortgage Loan as a Percent of Purchase Price Properties acquired by purchase with first mortgage made or assumed at time of purchase | 25950 | 21193 | 1189 | 3264 | 303 |
Less than 40 percent | 952 | 807 | 24 | 115 | 7 |
40 to 49 percent | 663 | 522 | 36 | 89 | 17 |
50 to 59 percent | 945 | 787 | 24 | 111 | 23 |
60 to 69 percent | 2787 | 2222 | 136 | 394 | 36 |
70 to 79 percent | 2799 | 2166 | 108 | 479 | 46 |
80 to 89 percent | 4231 | 3312 | 220 | 637 | 62 |
90 to 94 percent | 2378 | 2003 | 98 | 253 | 24 |
95 to 99 percent | 3111 | 2770 | 91 | 247 | 3 |
100 percent or more | 7658 | 6260 | 429 | 888 | 82 |
Not reported | 426 | 344 | 24 | 52 | 6 |
Median | 91 | 92 | 92 | 87 | 83 |
Other properties | 10460 | 8656 | 506 | 1225 | 73 |
Not available | 0 | 0 | 0 | 0 | 0 |
First Mortgage Loan as a Percent of Value Properties acquired by purchase with first mortgage made or assumed at time of purchase |
25950 | 21193 | 1189 | 3264 | 303 |
Less than 40 percent | 1129 | 983 | 34 | 108 | 4 |
40 to 49 percent | 710 | 566 | 37 | 87 | 20 |
50 to 59 percent | 1005 | 804 | 26 | 152 | 23 |
60 to 69 percent | 5181 | 4256 | 238 | 630 | 57 |
70 to 79 percent | 3687 | 2948 | 121 | 569 | 49 |
80 to 89 percent | 4034 | 3171 | 215 | 588 | 61 |
90 to 94 percent | 2198 | 1836 | 94 | 248 | 20 |
95 to 99 percent | 2780 | 2452 | 76 | 248 | 3 |
100 percent or more | 4830 | 3851 | 330 | 590 | 59 |
Not reported | 394 | 326 | 19 | 43 | 6 |
Median | 83 | 83 | 86 | 81 | 79 |
Other properties | 10460 | 8656 | 506 | 1225 | 73 |
Not available | 0 | 0 | 0 | 0 | 0 |
First Mortgage Risk Subprime loan |
1730 | 1222 | 111 | 367 | 29 |
Not subprime loan | 34680 | 28627 | 1585 | 4122 | 347 |
Not reported | 0 | 0 | 0 | 0 | 0 |
Index Used to Adjust Interest Rate on ARM Properties with adjustable rate first mortgage |
4854 | 0 | 0 | 4489 | 365 |
Treasury security | 1188 | 0 | 0 | 1181 | 7 |
Average cost of funds in bank district | 206 | 0 | 0 | 206 | 0 |
National average cost of funds | 78 | 0 | 0 | 78 | 0 |
OTS contract mortgage rate | 25 | 0 | 0 | 25 | 0 |
Other method | 321 | 0 | 0 | 317 | 4 |
No index used | 111 | 0 | 0 | 72 | 39 |
Not reported | 2927 | 0 | 0 | 2611 | 316 |
Other properties | 31556 | 29850 | 1695 | 0 | 11 |
Not reported | 0 | 0 | 0 | 0 | 0 |
Frequency With Which Rate Can Be Adjusted Properties with adjustable rate first mortgage |
4854 | 0 | 0 | 4489 | 365 |
Monthly | 296 | 0 | 0 | 296 | 0 |
Every 3 months | 25 | 0 | 0 | 25 | 0 |
Every 6 months | 169 | 0 | 0 | 169 | 0 |
Yearly | 1178 | 0 | 0 | 1168 | 10 |
Every 3 years | 139 | 0 | 0 | 124 | 14 |
Every 5 years | 121 | 0 | 0 | 121 | 0 |
Other | 62 | 0 | 0 | 54 | 8 |
Not reported | 2864 | 0 | 0 | 2531 | 333 |
Other properties | 31556 | 29850 | 1695 | 0 | 11 |
Not reported | 0 | 0 | 0 | 0 | 0 |
Caps on Interest Rate Per Adjustment Period Properties with adjustable rate first mortgage |
4854 | 0 | 0 | 4489 | 365 |
Less than 1 percent | 27 | 0 | 0 | 27 | 0 |
1 percent | 3 | 0 | 0 | 3 | 0 |
1.1 to 1.9 percent | 99 | 0 | 0 | 99 | 0 |
2 percent | 908 | 0 | 0 | 901 | 7 |
2.1 to 2.9 percent | 50 | 0 | 0 | 50 | 0 |
3 percent | 103 | 0 | 0 | 103 | 0 |
3.1 to 3.9 percent | 72 | 0 | 0 | 72 | 0 |
4.0 percent or more | 315 | 0 | 0 | 315 | 0 |
No caps | 372 | 0 | 0 | 346 | 27 |
Not reported | 2905 | 0 | 0 | 2573 | 332 |
Other properties | 31556 | 29850 | 1695 | 0 | 11 |
Not reported | 0 | 0 | 0 | 0 | 0 |
Caps on Interest Rate Over Life of ARM Properties with adjustable rate first mortgage |
4854 | 0 | 0 | 4489 | 365 |
Less than 1 percent | 0 | 0 | 0 | 0 | 0 |
1 percent | 0 | 0 | 0 | 0 | 0 |
1.1 to 1.9 percent | 0 | 0 | 0 | 0 | 0 |
2 percent | 53 | 0 | 0 | 53 | 0 |
2.1 to 2.9 percent | 4 | 0 | 0 | 4 | 0 |
3 percent | 10 | 0 | 0 | 10 | 0 |
3.1 to 3.9 percent | 8 | 0 | 0 | 8 | 0 |
4.0 percent or more | 1531 | 0 | 0 | 1524 | 7 |
No caps | 250 | 0 | 0 | 224 | 27 |
Not reported | 2998 | 0 | 0 | 2666 | 332 |
Other properties | 31556 | 29850 | 1695 | 0 | 11 |
Not reported | 0 | 0 | 0 | 0 | 0 |
Interest Rate Changed Since Mortgage Made Properties with adjustable rate first mortgage |
4854 | 0 | 0 | 4489 | 365 |
Yes, rate has changed | 1142 | 0 | 0 | 1128 | 14 |
No change since mortgage made | 855 | 0 | 0 | 827 | 28 |
Not reported | 2858 | 0 | 0 | 2535 | 323 |
Other properties | 31556 | 29850 | 1695 | 0 | 11 |
Not reported | 0 | 0 | 0 | 0 | 0 |
Percentage of Margin Over Index on ARM Properties with adjustable rate first mortgage |
4854 | 0 | 0 | 4489 | 365 |
Less than 1 percent | 17 | 0 | 0 | 17 | 0 |
1 percent | 0 | 0 | 0 | 0 | 0 |
1.1 to 1.9 percent | 24 | 0 | 0 | 24 | 0 |
2 percent | 215 | 0 | 0 | 215 | 0 |
2.1 to 2.9 percent | 1040 | 0 | 0 | 1034 | 7 |
3 percent | 210 | 0 | 0 | 210 | 0 |
3.1 to 3.9 percent | 142 | 0 | 0 | 142 | 0 |
4 percent | 3 | 0 | 0 | 3 | 0 |
4.1 to 4.9 percent | 21 | 0 | 0 | 21 | 0 |
5 percent or more | 207 | 0 | 0 | 207 | 0 |
Not reported | 2976 | 0 | 0 | 2618 | 359 |
Median | 2.7 | 0.0 | 0.0 | 2.7 | 2.5 |
Other properties | 31556 | 29850 | 1695 | 0 | 11 |
Not reported | 0 | 0 | 0 | 0 | 0 |
ARM Convertible to Fixed Rate Mortgage Properties with adjustable rate first mortgage |
4854 | 0 | 0 | 4489 | 365 |
Can be converted | 151 | 0 | 0 | 147 | 3 |
Cannot be converted | 1597 | 0 | 0 | 1568 | 29 |
Not reported | 3106 | 0 | 0 | 2773 | 333 |
Other properties | 31556 | 29850 | 1695 | 0 | 11 |
Not reported | 0 | 0 | 0 | 0 | 0 |
Change in Monthly Interest and Principal Payments Other Than Change in Interest Rate Monthly payments can change (other than change in interest ra | 106 | 0 | 0 | 102 | 4 |
Payments can change monthly | 37 | 0 | 0 | 37 | 0 |
Payments can change every three months | 0 | 0 | 0 | 0 | 0 |
Payments can change every six months | 4 | 0 | 0 | 4 | 0 |
Payments can change yearly | 50 | 0 | 0 | 50 | 0 |
Payments can change every 3 years | 6 | 0 | 0 | 6 | 0 |
Payments can change every 5 years | 4 | 0 | 0 | 0 | 4 |
Other | 0 | 0 | 0 | 0 | 0 |
Not reported | 4 | 0 | 0 | 4 | 0 |
Monthly payments cannot change |
33437 | 29850 | 1695 | 1846 | 45 |
Not reported | 2867 | 0 | 0 | 2541 | 326 |
First Mortgage Allows for Negative Amortization Monthly payments can change (other than change in interest rate) |
106 | 0 | 0 | 102 | 4 |
Yes, unrestricted negative amortization | 4 | 0 | 0 | 4 | 0 |
Yes, restricted negative amortization | 14 | 0 | 0 | 14 | 0 |
No negative amortization allowed | 78 | 0 | 0 | 74 | 4 |
Not reported | 10 | 0 | 0 | 10 | 0 |
Monthly payments cannot change | 33437 | 29850 | 1695 | 1846 | 45 |
Not reported | 2867 | 0 | 0 | 2541 | 326 |
MORTGAGE PAYMENTS AND OTHER EXPENSES Method of Payment of First Mortgage Regular payments of interest and/or principal |
35335 | 29078 | 1624 | 4270 | 363 |
Interest and principal | 35280 | 29065 | 1609 | 4256 | 351 |
Fully amortized | 32154 | 27698 | 78 | 4077 | 301 |
Not fully amortized | 3127 | 1366 | 1531 | 179 | 50 |
Interest only | 54 | 14 | 15 | 14 | 12 |
No regular payments required | 100 | 60 | 4 | 33 | 3 |
Not reported | 976 | 711 | 68 | 187 | 9 |
Items Included in First Mortgage Payment@1 Regular monthly payments of both interest and principal |
35280 | 29065 | 1609 | 4256 | 351 |
Real estate taxes | 13252 | 12047 | 87 | 1094 | 25 |
Property insurance | 11849 | 10879 | 76 | 877 | 16 |
Mortgage insurance | 3892 | 3638 | 10 | 237 | 8 |
Other | 4708 | 4273 | 36 | 389 | 9 |
No items included or not reported | 21524 | 16614 | 1508 | 3080 | 322 |
No regular payments of interest and principal |
1130 | 785 | 86 | 233 | 25 |
Monthly Interest and Principal Payments on First Mortgage Monthly payments of interest and/or principal |
35335 | 29078 | 1624 | 4270 | 363 |
Less than $100 | 179 | 142 | 9 | 28 | 0 |
$100 to $199 | 807 | 590 | 76 | 134 | 7 |
$200 to $299 | 2047 | 1664 | 99 | 259 | 25 |
$300 to $399 | 3131 | 2535 | 144 | 424 | 29 |
$400 to $499 | 3473 | 2922 | 171 | 364 | 17 |
$500 to $599 | 3907 | 3255 | 160 | 459 | 32 |
$600 to $699 | 3589 | 3015 | 183 | 353 | 38 |
$700 to $799 | 3105 | 2540 | 158 | 389 | 18 |
$800 to $899 | 2656 | 2299 | 88 | 227 | 42 |
$900 to $999 | 2257 | 1928 | 101 | 200 | 28 |
$1,000 to $1,249 | 4015 | 3314 | 164 | 495 | 42 |
$1,250 to $1,499 | 2137 | 1789 | 70 | 244 | 34 |
$1,500 or more | 4030 | 3085 | 201 | 694 | 50 |
Median | 717 | 716 | 684 | 729 | 835 |
Mean | 892 | 874 | 901 | 1003 | 993 |
No regular payments required | 100 | 60 | 4 | 33 | 3 |
Not reported | 976 | 711 | 68 | 187 | 9 |
Current First Mortgage Payment Status Regular monthly payments of principal and/or interest |
36310 | 29789 | 1692 | 4457 | 373 |
Up-to-date, ahead of schedule, or less than 90 days past due |
18583 | 16046 | 438 | 2017 | 83 |
Delinquent by 90 days or more | 407 | 347 | 6 | 54 | 0 |
Legal proceedings have begun | 149 | 118 | 6 | 25 | 0 |
Legal proceedings have not begun | 189 | 168 | 0 | 21 | 0 |
Not reported | 69 | 61 | 0 | 8 | 0 |
Not reported | 17320 | 13397 | 1248 | 2386 | 290 |
Other properties | 100 | 60 | 4 | 33 | 3 |
Monthly Interest and Principal Payments on Total Mortgages Regular monthly payments of interest and/or principal |
35438 | 29154 | 1628 | 4293 | 363 |
Less than $100 | 184 | 146 | 9 | 28 | 0 |
$100 to $199 | 738 | 555 | 51 | 125 | 7 |
$200 to $299 | 1906 | 1545 | 89 | 246 | 25 |
$300 to $399 | 2838 | 2263 | 148 | 405 | 22 |
$400 to $499 | 3179 | 2663 | 166 | 342 | 8 |
$500 to $599 | 3616 | 3043 | 145 | 392 | 36 |
$600 to $699 | 3501 | 2963 | 163 | 336 | 38 |
$700 to $799 | 3046 | 2503 | 149 | 379 | 14 |
$800 to $899 | 2699 | 2311 | 98 | 250 | 39 |
$900 to $999 | 2389 | 2005 | 111 | 240 | 33 |
$1,000 to $1,249 | 4324 | 3537 | 210 | 531 | 47 |
$1,250 to $1,499 | 2383 | 2027 | 70 | 251 | 35 |
$1,500 or more | 4638 | 3593 | 219 | 767 | 59 |
Median | 758 | 756 | 729 | 772 | 879 |
Mean | 955 | 936 | 946 | 1077 | 1039 |
No regular monthly payments required |
972 | 696 | 67 | 196 | 13 |
Interest and Principal Payments on Total Mortgages as Percent of Income Regular monthly payments of interest and/or principal |
35438 | 29154 | 1628 | 4293 | 363 |
Less than 5 percent | 1203 | 984 | 32 | 184 | 4 |
5 to 9 percent | 5808 | 4830 | 283 | 643 | 53 |
10 to 14 percent | 8617 | 7190 | 395 | 947 | 85 |
15 to 19 percent | 6719 | 5575 | 323 | 736 | 85 |
20 to 24 percent | 4083 | 3292 | 201 | 543 | 46 |
25 to 29 percent | 2222 | 1847 | 103 | 257 | 15 |
30 to 34 percent | 1320 | 1065 | 61 | 178 | 15 |
35 to 39 percent | 785 | 622 | 47 | 113 | 3 |
40 to 49 percent | 834 | 660 | 42 | 125 | 7 |
50 percent or more | 1302 | 1077 | 49 | 165 | 10 |
Not reported or not computed | 2545 | 2012 | 92 | 402 | 39 |
Median | 16 | 16 | 16 | 16 | 16 |
No regular monthly payments required |
972 | 696 | 67 | 196 | 13 |
Last Revised: Wednesday, 07-Dec-2005 11:21:53 EST