Residential Finance Survey

Residential Finance Survey: 2001 - United States
Table 2-9. First Mortgage Loan, 1-Unit Homeowner Mortgaged Properties
^Number of mortgaged properties in thousands.
Mortgage made 1997 to 2001 (part). For information on confidentiality protection, sampling error, nonsampling error, and definitions, see text.
For minimum base for derived figures (percent, median, etc.) and meaning of symbols, see text^^

		Amount of first mortgage loan
	Total	Less than $20,000	$20,000 to $29,999	$30,000 to $39,999	$40,000 to $49,999	$50,000 to $59,999	$60,000 to $79,999	$80,000 to $99,999	$100,000 to $149,999	$150,000 to $199,999	$200,000 to $249,999	$250,000 to $299,999	$300,000 or more	Not reported	Median (dollars)
1-housing-unit properties with traditional first mortgage	36410	1239	1785	2274	2508	3030	5696	4698	7972	3333	1683	649	1117	427	86214
PROPERTY CHARACTERISTICS Year Structure Built 1999 to March 2000	1911	35	17	42	39	63	152	194	590	307	180	88	162	43	133225
1997 and 1998	2157	40	66	50	48	82	207	263	706	340	132	51	153	20	122210
1995 and 1996	1880	22	30	46	28	97	228	255	608	254	164	44	78	26	118223
1990 to 1994	3660	52	53	89	168	187	517	575	1061	419	222	120	146	52	107714
1980 to 1989	6407	119	156	341	395	551	1167	878	1534	610	358	84	149	63	90080
1970 to 1979	6076	251	327	393	522	533	1108	904	1155	414	206	88	107	70	77655
1960 to 1969	3788	210	251	259	276	384	708	425	663	323	145	65	64	16	74331
1950 to 1959	4389	158	274	361	437	523	722	559	746	303	108	56	91	52	71541
1940 to 1949	1965	141	167	189	174	180	301	212	338	125	58	16	38	26	67827
1939 or earlier	4176	212	444	505	421	429	588	434	571	238	110	36	128	59	61609
Purchase Price Properties acquired by purchase 1997 to 2001 (part)	14477	332	415	564	629	801	1900	1910	3991	1842	896	364	687	147	107704
Less than $20,000	287	136	38	27	9	15	15	11	13	0	0	0	0	24	19385
$20,000 to $39,999	729	83	225	281	35	34	17	7	24	7	0	0	0	16	31707
$40,000 to $59,999	1084	31	60	165	361	318	80	22	19	8	0	0	0	19	47636
$60,000 to $79,999	1605	24	22	36	128	215	1073	37	40	11	10	0	0	8	66940
$80,000 to $99,999	1796	5	11	20	37	128	418	1089	64	5	0	0	4	14	84978
$100,000 to $124,999	1813	17	31	7	18	26	144	466	1041	28	9	0	13	13	109151
$125,000 to $149,999	1822	7	9	9	12	36	52	192	1459	34	0	0	4	8	120208
$150,000 to $174,999	1330	16	0	13	17	14	43	47	757	391	11	4	4	14	133608
$175,000 to $199,999	840	0	4	5	0	0	20	20	285	483	13	5	3	0	158789
$200,000 to $249,999	1138	9	6	0	5	5	22	11	143	665	234	23	12	4	177587
$250,000 to $299,999	717	0	6	0	0	9	9	9	72	116	390	88	7	12	216907
$300,000 to $499,999	967	3	4	0	4	0	4	0	72	78	211	226	354	11	272570
$500,000 or more	349	0	0	0	4	0	1	0	3	16	18	18	286	3	395447582
Median	123967	27242	35059	38129	54960	63176	75619	96134	138645	197625	271874	354950	467319	89046	...
Mean	155516	48177	49873	47683	66732	71744	84217	102003	144539	208249	278925	333810	558150	124219	231161
Other properties	21933	908	1370	1710	1879	2229	3796	2788	3980	1491	787	285	430	280	74387
Purchase Price as Percent of Value@8 Acquired by purchase	35481	1166	1721	2187	2428	2935	5484	4628	7854	3273	1656	642	1097	410	86973
Purchased 1997 to 2001 (part)	14477	332	415	564	629	801	1900	1910	3991	1842	896	364	687	147	107704
Less than 60 percent	1279	119	84	117	79	59	156	120	170	125	79	43	85	43	80716
60 to 69 percent	1130	33	53	50	87	69	127	131	232	161	99	11	64	13	101623
70 to 79 percent	1826	49	44	58	47	96	218	253	515	258	111	60	100	17	113558
80 to 99 percent	7380	59	76	212	268	385	993	1014	2410	1003	450	176	283	51	113634
100 percent or more	2841	72	150	122	144	191	406	391	662	294	158	74	156	22	96618
Median	88	73	86	85	87	89	89	89	89	88	87	88	87	80	...
Purchased 1990 to 1996 (part)	11052	242	403	555	854	963	1884	1693	2485	901	467	201	277	128	86636
Less than 40 percent	676	67	45	50	52	78	127	68	78	35	26	25	12	12	66286
40 to 59 percent	1595	7	128	73	166	152	264	221	256	117	90	40	68	15	80117
60 to 79 percent	3991	65	93	171	339	300	666	650	993	342	190	68	87	27	90684
80 to 99 percent	3394	46	78	156	175	316	626	553	908	280	113	39	52	52	89926
100 percent or more	1374	58	60	105	121	117	201	201	242	127	48	30	54	12	81983
Median	76	75	66	78	72	77	77	77	78	77	72	70	73	82	...
Purchased 1989 or earlier	9952	593	902	1068	946	1172	1701	1025	1378	530	293	77	132	136	62682
Less than 20 percent	1336	147	114	153	97	188	187	122	162	74	41	12	25	14	58009
20 to 39 percent	2312	203	309	257	209	258	361	166	285	118	76	19	28	23	56444
40 to 59 percent	2539	76	197	267	278	311	472	274	386	117	97	22	15	27	65361
60 to 79 percent	1883	42	122	149	189	208	410	229	272	140	44	12	36	30	70550
80 to 99 percent	814	21	40	100	90	64	155	112	149	46	7	0	9	22	70525
100 percent or more	1049	100	117	138	83	143	116	122	124	36	29	11	20	9	55687
Median	50	35	43	49	52	49	53	56	53	53	46	46	57	59	...
Not acquired by purchase	929	73	64	87	80	94	211	69	118	60	27	7	20	17	65409
Age Restrictions Property located in subdivision restricted to people age 55 or older	1987	45	39	78	116	137	312	313	569	177	80	41	47	32	95981
Property located in subdivision not restricted to people age 55 or older	32987	1121	1681	2090	2315	2800	5146	4237	7131	3031	1529	581	1010	315	85582
Not reported	1436	73	65	106	78	92	238	147	272	125	74	27	60	80	83614
Neighborhood Composition Property located in subdivision or neighborhood occupied predominantly by people age 55 or older	2589	113	246	184	274	298	460	295	448	131	49	7	72	13	67544
Property located in subdivision or neighborhood not occupied predominantly by people age 55 or older	24263	811	1123	1551	1656	2024	3745	3129	5279	2337	1166	478	752	211	87132
Don't know or not reported	9558	315	417	539	578	708	1491	1274	2244	864	468	164	293	204	89893
OWNER CHARACTERISTICS Age of Owner Under 25	328	12	23	26	26	33	74	29	78	22	0	0	0	6	70991
25 to 34	5182	91	164	241	241	325	904	841	1435	498	225	78	114	26	94562
35 to 44	10436	201	312	449	602	762	1578	1413	2633	1201	597	262	349	77	98058
45 to 54	10399	276	492	746	832	910	1559	1374	2151	912	470	191	406	77	85015
55 to 64	5579	327	400	373	394	623	904	623	1014	390	237	59	169	67	74148
65 to 74	2178	198	193	248	196	211	370	204	282	121	65	44	41	5	62205
75 and over	668	61	98	68	100	67	104	32	82	17	16	0	5	19	49838
Not reported	1640	74	102	123	117	99	202	182	296	171	74	16	33	150	83004
Median	46	55	52	50	49	49	46	45	44	44	45	44	47	49	...
Race of Owner White alone	31761	1003	1565	1935	2177	2630	5032	4144	7002	2888	1499	571	930	383	86500
Black or African American alone	2840	205	193	292	264	276	425	355	538	176	18	30	35	34	68154
American Indian or Alaska Native alone	194	7	5	12	8	9	30	39	45	20	5	9	6	0	93632
Asian alone	1241	11	4	17	22	62	150	132	299	235	136	25	138	10	136336
Native Hawaiian or Other Pacific Islander alone	115	0	4	0	4	7	15	11	51	6	8	9	1	0	116257
Two or more races	260	13	15	17	35	44	44	16	38	8	18	5	6	0	62240
Sex of Owner Male/Male and female co-owners	30105	909	1313	1694	1991	2345	4641	3942	6864	3006	1520	619	986	275	90260
Female	6305	330	472	581	517	685	1054	756	1108	327	163	30	131	152	69327
Hispanic/Latino Origin Hispanic/Latino owner(s) only	2927	89	166	190	201	276	425	325	685	352	98	40	44	38	86085
No Hispanic/Latino owner(s)	33483	1150	1619	2084	2308	2754	5270	4373	7287	2981	1586	609	1072	389	86224
Income Less than $5,000	3018	176	127	244	251	263	501	261	491	237	131	33	123	180	74269
$5,000 to $9,999	331	83	46	32	25	45	27	19	43	9	0	3	0	0	42308
$10,000 to $14,999	595	69	116	100	70	57	89	42	32	0	7	4	0	8	41179
$15,000 to $19,999	889	81	134	136	127	99	112	58	53	45	10	4	0	30	46208
$20,000 to $24,999	1244	131	146	172	120	151	222	131	105	37	4	4	0	21	52806
$25,000 to $29,999	1574	83	188	194	150	201	296	192	192	36	8	0	4	30	57799
$30,000 to $34,999	1738	86	132	183	163	184	363	281	261	45	12	13	4	9	66415
$35,000 to $39,999	1668	63	120	152	184	229	408	196	237	33	13	7	2	25	63601
$40,000 to $49,999	3858	109	245	311	408	394	783	621	777	112	51	10	16	22	71544
$50,000 to $59,999	3717	120	179	242	245	399	673	642	898	219	56	23	7	15	79789
$60,000 to $79,999	6352	107	176	267	427	483	1121	1071	1816	576	179	24	74	31	90818
$80,000 to $99,999	4089	61	82	71	199	272	523	581	1290	586	262	89	45	27	109365
$100,000 to $119,999	2629	32	12	87	80	104	278	313	804	549	228	56	76	10	125110
$120,000 or more	4709	39	84	82	59	147	301	288	974	849	722	380	765	19	171868
Median	58852	29828	35177	37487	44019	47235	50708	58508	69883	90841	109541	1557808	2790781	19322	...
Mean	72951	38018	43743	43914	46452	51657	54881	62382	75213	103676	130719	161401	240941	31574	202510
MORTGAGE CHARACTERISTICS Number of Mortgages 1 mortgage	27072	918	1345	1752	1868	2269	4269	3525	5884	2514	1098	450	835	345	85350
2 mortgages	8311	304	399	453	576	687	1262	1037	1840	721	523	184	246	79	88403
3 or more mortgages	1027	17	41	69	64	74	165	136	247	98	62	14	36	4	91926
Form of Debt of First Mortgage Mortgage or deed of trust	36410	1239	1785	2274	2508	3030	5696	4698	7972	3333	1683	649	1117	427	86214
Contract to purchase	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Some other loan secured by this property	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Method of Loan Application By computer over the Internet or by e-mail	270	0	3	0	9	4	49	20	80	33	38	7	24	3	130215
By telephone or FAX	3579	65	106	122	148	223	443	481	861	443	315	132	185	57	110092
By regular mail	895	29	39	17	24	91	130	100	212	100	62	25	61	5	103509
By personal visit	22198	707	1101	1455	1650	1904	3663	2880	4775	1910	970	378	578	226	83512
Through third party (such as real estate agent or builder)	6531	139	233	382	401	540	1000	919	1638	656	242	103	216	62	91763
Some other way	102	6	4	15	3	10	18	12	5	18	5	0	0	5	70862
Not reported	2474	257	274	259	188	205	338	257	361	173	48	4	50	60	61399
Not available	361	36	27	25	84	53	55	28	39	0	3	0	3	9	50869
Origin of First Mortgage Mortgage made at time property acquired	25921	825	1343	1689	1795	2033	3873	3327	5823	2456	1145	424	831	358	87362
Mortgage assumed at the time property acquired	704	55	70	46	114	88	114	81	78	19	18	4	3	16	56751
Mortgage placed later than acquisition of property	9785	360	372	540	599	909	1709	1290	2071	858	520	221	282	54	85849
Refinanced mortgage	8890	193	269	423	492	790	1601	1221	2024	822	516	216	279	45	90736
Same lender	2568	71	98	152	143	257	469	363	513	209	123	61	96	13	84845
Different lender	6321	122	170	271	349	533	1132	858	1511	613	392	154	183	32	93229
Mortgage placed on property owned free and clear of debt	896	167	103	117	107	119	108	69	47	36	5	6	3	9	45263
Not available	0	0	0	0	0	0	0	0	0	0	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	360	372	540	599	909	1709	1290	2071	858	520	221	282	54	85849
Obtain lower interest rate	5976	91	134	249	298	517	1053	848	1446	588	372	154	186	40	94777
Increase payment period for mortgage	83	0	11	7	4	5	22	3	23	4	4	0	0	0	73097
Reduce payment period for mortgage	264	13	11	9	11	14	41	46	78	25	11	0	5	0	94400
Renew or extend loan that had fallen due, without increasing outstanding balance	203	3	8	14	17	4	40	38	30	27	3	12	5	0	87517
Receive cash or increase outstanding balance of loan	2713	219	194	204	218	286	490	273	402	187	115	46	75	5	69539
Other reason	277	21	6	34	35	53	31	35	37	15	0	0	11	0	58028
Not reported	269	13	8	22	15	30	34	47	56	11	16	9	0	9	83488
Other properties	26625	879	1414	1734	1909	2120	3986	3408	5900	2475	1163	428	834	373	86352
Not available	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Received From Refinancing or Placing Mortgage on Property Owned Free and Clear Properties on which cash received	4300	215	220	285	281	470	703	494	818	404	193	96	114	7	79187
Less than $20,000	1711	181	79	109	92	228	305	169	344	102	54	25	19	4	70794
$20,000 to $39,999	1300	18	138	134	85	113	195	121	243	125	60	32	32	3	76464
$40,000 to $59,999	552	5	3	21	100	125	66	52	56	71	37	12	4	0	66588
$60,000 to $79,999	255	0	0	15	5	4	127	42	26	26	4	0	7	0	76313
$80,000 to $99,999	173	6	0	0	0	0	4	96	27	18	10	4	9	0	96131
$100,000 to $124,999	140	5	0	6	0	0	3	11	81	13	7	10	3	0	127639
$125,000 to $149,999	50	0	0	0	0	0	4	0	26	0	9	0	12	0	141331
$150,000 to $174,999	57	0	0	0	0	0	0	0	9	37	0	0	11	0	176311
$175,000 to $199,999	18	0	0	0	0	0	0	0	5	9	4	0	0	0	170948
$200,000 to $249,999	25	0	0	0	0	0	0	4	0	4	7	3	7	0	236084
$250,000 to $299,999	15	0	0	0	0	0	0	0	0	0	0	9	5	0	288878
$300,000 or more	5	0	0	0	0	0	0	0	0	0	0	0	5	0	500150000
Median	26754	11872	24511	24966	31495	21288	24777	32908	25320	35962	34011	34416	66031	19101	...
Mean	35604	17565	18921	27314	27118	24963	28649	40044	36908	49481	45900	64038	112863	10577	175666
Properties that refinanced and did not receive cash back	4630	87	106	206	256	341	854	709	1094	420	289	113	145	10	92966
Properties that refinanced and did not report if received cash back	855	58	45	49	62	98	151	87	160	34	39	13	23	36	72907
Properties that did not refinance	26625	879	1414	1734	1909	2120	3986	3408	5900	2475	1163	428	834	373	86352
Not available	0	0	0	0	0	0	0	0	0	0	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	215	220	285	281	470	703	494	818	404	193	96	114	7	79187
For additions, improvements or repairs to this property	2032	113	88	181	120	217	300	245	382	184	84	55	56	7	79529
To consolidate debts	1992	79	72	115	152	211	350	207	437	210	100	26	32	0	81673
For investment in other real estate	307	4	3	0	7	16	57	42	65	51	36	9	17	0	118779
For other types of investments	270	0	11	9	16	26	53	28	44	35	22	5	22	0	94848
For educational or medical expenses	336	22	28	22	14	29	53	17	74	64	8	5	0	0	80979
To start a business	99	0	4	0	15	14	18	11	21	4	0	5	7	0	78559
To settle a divorce	113	8	7	4	4	22	10	29	28	0	0	3	0	0	82319
To pay taxes	126	7	8	4	19	10	4	16	21	12	21	4	0	0	94230
To purchase an automobile, truck, or other vehicle	414	21	21	25	33	61	75	36	61	52	16	5	7	0	72168
To purchase consumer product other than automobile, truck, or other vehicle	124	0	9	0	10	23	13	33	13	19	0	0	5	0	84620
Other	103	12	9	13	0	20	6	8	22	6	7	0	0	0	58525
Not reported	52	0	4	6	4	6	10	6	9	7	0	0	0	0	72937
Properties that refinanced and did not receive cash back	4630	87	106	206	256	341	854	709	1094	420	289	113	145	10	92966
Properties that refinanced and did not report if received cash back	855	58	45	49	62	98	151	87	160	34	39	13	23	36	72907
Properties that did not refinance	26625	879	1414	1734	1909	2120	3986	3408	5900	2475	1163	428	834	373	86352
Not available	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Current Interest Rate on First Mortgage Less than 6.0 percent	9962	475	615	740	713	863	1511	1049	2067	813	337	185	300	294	78901
6.0 percent	423	3	19	15	15	29	72	63	94	38	45	11	18	0	98090
6.1 to 6.4 percent	811	19	10	22	41	27	169	91	216	82	60	16	59	0	106116
6.5 to 6.9 percent	3720	19	58	125	197	254	567	489	996	561	256	73	125	0	107591
7.0 percent	3329	88	86	153	150	212	553	466	870	381	186	54	102	27	97542
7.1 to 7.4 percent	2817	28	45	115	142	237	361	476	749	287	166	97	116	0	100402
7.5 to 7.9 percent	3595	45	117	177	248	353	601	526	822	329	167	83	126	0	89719
8.0 percent	1411	38	118	93	127	137	232	253	247	108	35	4	21	0	76685
8.1 to 8.4 percent	1039	26	42	67	87	110	181	146	235	68	43	16	19	0	80969
8.5 to 8.9 percent	1335	59	122	157	135	153	243	179	150	74	20	15	20	7	63106
9.0 percent	453	15	47	46	80	44	108	50	49	14	0	0	0	0	58708
9.1 to 9.4 percent	353	27	35	40	32	23	66	41	66	17	5	0	0	0	65927
9.5 to 9.9 percent	701	44	91	94	97	75	114	71	85	17	0	14	0	0	53209
10.0 percent	217	33	15	31	25	43	29	16	22	4	0	0	0	0	51116
10.1 to 10.4 percent	204	0	3	8	30	37	44	29	38	11	4	0	0	0	71212
10.5 to 10.9 percent	365	11	42	40	12	62	50	36	86	17	8	0	0	0	66203
11.0 percent	416	23	45	29	55	51	58	33	60	20	9	5	10	18	59036
11.1 to 12.9 percent	598	4	39	58	43	54	148	95	108	37	7	0	5	0	73732
13.0 percent	95	35	20	6	8	5	13	3	0	0	5	0	0	0	26447
13.1 percent or more	4566	247	214	260	270	262	576	586	1014	454	329	77	196	82	94099
Not reported	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Median	7.1	7.3	7.7	7.4	7.5	7.3	7.1	7.3	7.1	7.0	7.1	7.1	7.1	4.4	...
Type of Interest Rate Buydown Properties with interest rate buydown	1114	9	31	25	50	48	231	155	242	131	107	29	55	0	101581
Constant payment	46	0	0	0	0	0	18	12	9	7	0	0	0	0	88842
3-2-1 buydown	12	0	0	0	0	0	0	5	3	4	0	0	0	0	117648
Other	34	0	0	0	0	0	13	5	16	0	0	0	0	0	97516
Not reported	1022	9	31	25	50	48	201	134	213	120	107	29	55	0	103177
Properties without interest rate buydown	16219	404	776	1066	1167	1490	2614	2237	3534	1515	699	273	432	13	85240
Not reported	19077	825	978	1184	1291	1491	2851	2306	4196	1686	877	347	630	414	86165
Term of First Mortgage Less than 5 years	160	39	25	0	14	18	37	3	9	4	4	0	8	0	51077
5 years	303	57	64	59	38	25	23	11	16	0	0	5	5	0	35293
6 to 9 years	192	50	17	17	14	21	21	8	16	5	9	0	10	4	47525
10 years	669	68	111	122	97	80	88	50	29	6	13	0	4	0	43440
11 to 14 years	99	4	8	24	23	10	13	7	3	0	0	0	6	0	45794
15 years	4005	62	208	368	368	524	728	545	674	275	146	51	57	0	73004
16 to 19 years	58	0	3	17	4	3	14	7	0	10	0	0	0	0	63162
20 years	818	28	73	52	79	44	197	136	158	28	13	4	6	0	73453
21 to 24 years	24	0	0	6	0	0	0	7	11	0	0	0	0	0	97687
25 years	290	16	22	37	34	25	43	44	40	11	11	8	0	0	65245
26 to 29 years	96	3	7	11	11	3	15	5	17	8	4	7	4	0	75679
30 years	14396	151	403	505	803	1095	2302	2134	3760	1652	748	294	491	59	97900
More than 30 years	275	27	44	53	28	26	15	34	25	2	8	0	12	0	44780
No stated term	15026	735	800	1004	995	1156	2200	1705	3213	1331	729	280	514	364	85167
Median	30	16	21	21	30	30	30	30	30	30	30	30	30	30	...
Servicer of First Mortgage Commercial bank or trust company	7369	320	417	521	574	607	1268	849	1416	582	361	123	253	77	79016
Savings and loan association, federal savings bank	3984	104	187	234	298	379	641	519	827	329	200	69	156	39	84924
Mutual savings bank	708	26	27	49	56	66	109	108	129	67	16	27	18	9	82904
Life insurance company	518	29	32	27	35	42	64	54	145	29	9	10	20	21	86946
Mortgage banker or mortgage company	18501	389	730	1030	1147	1428	2934	2583	4373	1930	890	350	519	198	91570
Federally-sponsored secondary market agency or pool	69	4	4	9	4	4	13	3	18	4	0	4	4	0	76047
Conventional mortgage pool	25	0	3	5	5	4	0	0	3	0	0	0	4	0	46870
Other federal agency	929	64	53	94	93	92	95	130	159	67	32	12	22	16	72759
Real estate investment trust	3	0	0	3	0	0	0	0	0	0	0	0	0	0	35000
Pension or retirement fund	20	0	4	0	0	0	8	0	8	0	0	0	0	0	74169
Credit union	1346	78	113	95	116	141	149	178	269	88	61	5	33	19	76120
Finance company	677	61	33	52	57	49	115	53	145	65	14	5	23	5	74665
State or municipal government or housing finance agency	1147	84	83	61	63	126	154	115	250	77	50	20	42	22	78939
Individual or individual's estate	610	43	64	55	41	67	77	38	118	62	21	5	9	9	67893
Other	505	35	34	39	20	25	67	68	112	31	29	20	14	12	87874
Holder's Acquisition of First Mortgage Originated directly from borrower	15811	825	983	1112	1092	1305	2435	1819	3105	1326	746	296	550	217	80497
Purchased from present servicer	10167	214	434	617	682	800	1588	1431	2453	1006	412	183	252	94	89799
Purchased from someone else	10432	200	368	545	735	924	1673	1448	2414	1001	525	169	315	116	89854
Not reported	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
First Mortgage Loan as a Percent of Purchase Price Properties acquired by purchase with first mortgage made or assumed at time of purchase	25950	829	1365	1669	1868	2053	3841	3347	5818	2422	1139	424	814	359	86988
Less than 40 percent	952	167	157	118	92	117	84	31	106	35	25	5	14	0	43684
40 to 49 percent	663	27	38	61	63	70	145	49	93	49	47	7	14	0	69936
50 to 59 percent	945	30	104	50	89	138	128	84	177	63	51	12	19	0	69645
60 to 69 percent	2787	250	237	208	271	258	349	333	428	213	86	40	115	0	69748
70 to 79 percent	2799	18	96	167	155	189	361	331	639	376	202	83	182	0	106470
80 to 89 percent	4231	38	132	203	244	201	429	490	1214	547	349	139	245	0	115583
90 to 94 percent	2378	18	81	129	112	159	369	293	700	285	106	50	75	0	101946
95 to 99 percent	3111	19	100	138	172	230	539	533	928	295	121	17	18	0	93391
100 percent or more	7658	228	407	587	666	690	1436	1202	1527	558	152	70	132	0	77408
Not reported	426	35	13	8	4	0	0	0	8	0	0	0	0	359	19174
Median	91	67	83	91	91	92	96	96	92	89	85	85	83	0	...
Other properties	10460	410	420	605	640	977	1855	1351	2154	911	544	225	302	68	84297
Not available	0	0	0	0	0	0	0	0	0	0	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	829	1365	1669	1868	2053	3841	3347	5818	2422	1139	424	814	359	86988
Less than 40 percent	1129	184	170	135	120	143	119	44	117	42	25	16	13	0	46250
40 to 49 percent	710	21	38	83	76	67	171	53	92	51	36	11	10	0	68273
50 to 59 percent	1005	36	84	57	90	126	142	103	192	60	60	17	37	0	75420
60 to 69 percent	5181	302	458	363	464	491	638	640	909	389	222	70	234	0	76037
70 to 79 percent	3687	33	107	194	198	247	526	553	861	454	251	110	154	0	99479
80 to 89 percent	4034	51	104	210	231	201	450	419	1274	517	275	110	193	0	113824
90 to 94 percent	2198	8	87	91	101	142	369	332	582	268	102	44	72	0	98070
95 to 99 percent	2780	9	62	94	151	246	490	455	863	271	102	15	21	0	94823
100 percent or more	4830	150	255	442	438	389	936	748	928	369	66	30	80	0	75854
Not reported	394	35	0	0	0	0	0	0	0	0	0	0	0	359	10001
Median	83	65	69	80	79	78	87	87	86	84	79	79	77	0	...
Other properties	10460	410	420	605	640	977	1855	1351	2154	911	544	225	302	68	84297
Not available	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
First Mortgage Risk Subprime loan	1730	85	138	136	129	180	289	167	326	121	55	29	35	41	72244
Not subprime loan	34680	1154	1647	2138	2379	2850	5407	4531	7645	3212	1629	620	1081	386	86937
Not reported	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Outstanding Debt as a Percent of Value Less than 20 percent	2684	619	489	362	271	280	255	124	166	56	27	12	16	7	36374
20 to 29 percent	2170	92	263	275	217	252	412	161	258	95	89	20	37	0	59461
30 to 39 percent	2808	82	179	245	245	315	481	298	521	191	135	36	73	5	73926
40 to 49 percent	3568	83	179	285	344	381	612	452	545	278	202	51	156	0	76733
50 to 59 percent	4916	62	206	309	369	373	716	700	1128	479	284	103	183	4	92053
60 to 69 percent	5204	84	179	263	338	374	766	701	1174	727	272	151	170	5	96986
70 to 79 percent	5549	41	78	221	302	357	906	823	1530	608	300	155	227	0	101495
80 to 89 percent	4023	19	67	115	168	276	632	585	1334	422	211	78	112	3	105502
90 to 99 percent	3188	23	51	117	131	208	602	615	898	369	90	15	69	0	95002
100 percent or more	1764	51	76	67	115	209	304	238	415	108	73	28	73	7	84742
Not reported or not computed	537	83	19	15	7	5	9	0	4	0	0	0	0	395	17035
Median	63	19	37	49	55	58	65	69	71	68	64	67	65	59	...
MORTGAGE PAYMENTS AND OTHER EXPENSES Items Included in First Mortgage Payment@1 Regular monthly payments of both interest and principal	35280	1081	1695	2188	2453	2974	5604	4639	7902	3283	1660	633	1087	82	86918
Real estate taxes	13252	99	382	604	856	1198	2192	2119	3309	1434	578	212	265	5	92200
Property insurance	11849	79	302	521	783	1095	1997	1931	2961	1278	494	184	216	9	91844
Mortgage insurance	3892	38	65	116	210	304	728	718	1111	396	113	31	63	0	93521
Other	4708	46	216	267	320	450	793	807	1075	436	158	65	74	0	86475
No items included or not reported	21524	949	1261	1532	1561	1732	3325	2473	4497	1814	1074	418	815	73	82954
No regular payments of interest and principal	1130	158	90	86	55	56	92	58	70	50	23	16	30	345	50504
Interest and Principal Payments on Total Mortgages as Percent of Income Regular monthly payments of interest and/or principal	35438	1113	1713	2210	2453	2981	5620	4646	7916	3298	1666	640	1100	82	86838
Less than 5 percent	1203	237	179	159	115	91	133	51	95	51	36	13	34	10	41882
5 to 9 percent	5808	285	523	667	649	667	991	638	734	277	171	77	129	0	62274
10 to 14 percent	8617	148	420	522	641	843	1545	1198	1949	680	352	134	182	4	83135
15 to 19 percent	6719	90	208	280	349	482	956	1121	1769	870	308	116	161	9	97679
20 to 24 percent	4083	59	158	142	172	228	678	509	1118	490	250	117	154	10	104114
25 to 29 percent	2222	35	45	76	88	122	312	357	627	255	170	50	82	4	105956
30 to 34 percent	1320	26	16	45	56	92	208	167	350	145	95	20	88	10	106160
35 to 39 percent	785	26	13	28	34	45	84	139	258	74	42	14	28	0	104527
40 to 49 percent	834	24	10	24	58	68	93	99	247	95	29	32	53	3	108057
50 percent or more	1302	47	37	54	62	129	183	143	309	128	87	42	72	9	98673
Not reported or not computed	2545	136	105	213	228	214	436	224	461	232	125	27	118	25	76718
Median	16	9	11	12	13	14	15	16	18	18	18	19	20	23	...
No regular monthly payments required	972	126	72	65	55	48	76	52	56	34	17	9	17	345	49174
Real Estate Tax Per $1,000 Value Acquired before 2000	31331	1126	1647	2089	2291	2730	5055	4039	6648	2694	1364	459	826	362	82706
Less than $5	7627	433	518	680	598	750	1305	830	1374	513	243	116	182	84	72127
$5 to $9	8326	180	379	400	582	720	1300	1021	1889	889	500	145	321	0	91784
$10 to $14	6816	186	267	412	471	497	1072	1041	1515	715	310	135	183	12	89543
$15 to $19	3618	135	217	203	243	353	585	469	879	274	160	29	64	8	82974
$20 to $24	2098	49	82	143	169	127	307	317	550	207	87	19	32	9	90535
$25 to $29	990	24	62	92	60	110	223	173	191	30	13	8	4	0	73169
$30 to $39	1605	115	117	160	168	172	263	188	248	66	51	8	41	10	65051
$40 to $49	7	4	4	0	0	0	0	0	0	0	0	0	0	0	20244
$50 to $59	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
$60 or more	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Not reported or not computed	243	0	0	0	0	0	0	0	4	0	0	0	0	239	125000
Median	10	9	9	10	10	9	10	11	10	10	9	9	9	4	...
Acquired 2000 and 2001 (part)	5079	113	138	185	217	300	641	659	1324	638	319	190	291	65	109619
Real Estate Tax as Percent of Income Acquired before 2000	31331	1126	1647	2089	2291	2730	5055	4039	6648	2694	1364	459	826	362	82706
Less than 1.0 percent	7411	444	609	672	662	760	1252	850	1229	446	204	97	125	63	68434
1.0 to 1.9 percent	5966	199	294	413	493	627	1001	823	1230	470	185	107	124	0	79126
2.0 to 2.9 percent	5511	104	278	265	375	367	926	770	1311	603	288	71	153	0	91422
3.0 to 3.9 percent	3524	60	105	149	216	284	576	493	906	368	201	51	111	3	95047
4.0 to 4.9 percent	2164	60	75	131	112	140	269	353	544	231	135	46	64	5	96561
5.0 to 7.4 percent	2428	56	90	154	143	210	340	337	594	254	131	35	81	3	93027
7.5 to 9.9 percent	774	26	37	37	38	62	119	95	198	68	56	11	27	0	94356
10.0 percent or more	1021	41	65	55	50	75	160	132	247	76	54	19	46	0	89770
Not reported or computed	2533	137	94	213	202	206	412	186	390	179	109	22	96	289	73179
Median	2.2	1.3	1.6	1.6	1.8	1.8	2.1	2.3	2.5	2.6	2.8	2.2	2.8	0.6	...
Other properties	5079	113	138	185	217	300	641	659	1324	638	319	190	291	65	109619