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| Subject:
Mortgage Amounts
Category: Business and Money > Economics Asked by: bigfootale-ga List Price: $25.00 |
Posted:
31 Aug 2005 21:57 PDT
Expires: 30 Sep 2005 21:57 PDT Question ID: 562950 |
what is the national average monthly or annual mortgage amount in the US? |
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| Subject:
Re: Mortgage Amounts
Answered By: bobbie7-ga on 31 Aug 2005 23:27 PDT Rated:  |
Hello Bigfootale, Year Average monthly mortgage payment 2002 $804 2003 $793 2004 $857 2005 January $872 February $868 March $902 April $966 May $962 June $1007 July $1015 NATIONAL ASSOCIATION OF REALTORS Housing Affordability Index http://www.realtor.org/Research.nsf/files/REL0507A.pdf/$FILE/REL0507A.pdf ?In 2002, the median monthly mortgage payment was $805, which accounted for 18.2 percent of median household income. In the second quarter of 2003, the median monthly mortgage payment dropped to $774, only 17.4 percent of household income.? CNN http://money.cnn.com/2003/08/01/pf/yourhome/affordability2Q/ Search terms used: site:www.realtor.org median housing affordability I hope the information provided is helpful! Best Regards, Bobbie7 |
bigfootale-ga
rated this answer:
and gave an additional tip of:
$5.00
Very responsive and accurate. Thanks! |
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| Subject:
Re: Mortgage Amounts
From: bobbie7-ga on 01 Sep 2005 12:40 PDT |
Thank you for the five stars and tip! --Bobbie7 |
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