Random Thoughts

There are 147 million housing units in the U.S., of which 86.6 million are owner-occupied and 34 million (or 40%) of which are mortgage-free. Of those carrying mortgage debt, almost all have fixed-rate mortgages, and most of those mortgages have rates that were locked in before rates surged from 2021 lows.
https://www.census.gov/housing/hvs/files/currenthvspress.pdf

#factoftheday #economics

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113 viewsJan 2 at 16:33

There are 147 million housing units in the U.S., of which 86.6 million are owner-occupied and 34 million (or 40%) of which are mortgage-free. Of those carrying mortgage debt, almost all have fixed-rate mortgages, and most of those mortgages have rates that were locked in before rates surged from 2021 lows.
https://www.census.gov/housing/hvs/files/currenthvspress.pdf

#factoftheday #economics

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