Census Bureau: 24.1 million homeowners had primary mortgage rates above 6% in 2009
Aug 20, 2010
The Census Bureau released a number of tables from the 2009 American Housing Survey today (report to be released in October).
The survey showed:
76.4 million owner occupied housing units in 2009.
24.2 million were owned free and clear (no mortgage). That is 31.7%.
26.8 million primary mortgages were originated in 2004 or earlier.
12.7 million primary mortgages were originated prior to 2000.
24.1 million primary mortgage had interest rates above 6%.
Via http://www.calculatedriskblog.com/2010/08/census-bureau-241-million-homeowners.html
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