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Monday, September 6, 2010

Most Home Buyers Have No Regrets

REALTOR® Magazine-Daily News-Most Home Buyers Have No Regrets

A study from Bankrate found that 90 percent of owners do not regret buying their home.

The findings also revealed improved mortgage awareness, with only 8 percent of home owners in the dark about what type of loan they have -- down from 26 percent two years ago.

The poll of 1,001 randomly selected home owners in August showed that 79 percent had fixed-rate financing, and this type of mortgage was used by almost 90 percent of respondents who make more than $75,000.

Source: Realty Times, Broderick Perkins (09/02/10)

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