Table 963.

Mortgage Characteristics--Owner-Occupied Units: 2007

See Notes

Mortgage characteristic Total

Unit indicator (1,000)

ALL OWNERS
Total 75,647
Mortgages currently on property:
None, owned free and clear 24,885
Reverse mortgage 159
Regular and/or home equity mortgages 48,742
Regular mortgage 45,156
Home equity lump sum mortage 4,148
Home equity line of credit 9,818
Not reported 1,861
Number of regular and home equity mortgages:
1 mortgage 32,963
2 mortgages 11,741
3 mortgages or more 847
Type of mortgage:
Regular and home equity lump sum \5 2,843
With home equity line of credit 446
No home equity line of credit 2,377
Regular no home equity lump sum \5 42,313
With home equity line of credit 6,845
No home equity line of credit 32,399
Home equity lump sum no regular \5 1,305
With home equity line of credit 246
No home equity line of credit 1,038
No regular or home equity lump sum \5 29,186
With home equity line of credit 2,281
No home equity line of credit 25,044
OWNERS WITH ONE OR MORE
REGULAR OR LUMP SUM HOME
EQUITY MORTGAGES
 Total \5 46,461
Farmers Home Adminsitration 4,649
Veterans' Administration 3,295
Rural Housing Service/Rural Development Mortgage \6 426
Other types 34,585
Mortgage origination:
Placed new mortgage(s) 46,123
Primary obtained when property acquired 30,871
Obtained later 15,251
Assumed 271
Wrap-around 22
Combination of the above 45

Payment plan of primary mortgage:

Fixed payment, self amortizing 37,876
Adjustable rate mortgage 2,261
Adjustable term mortgage 53
Graduated payment mortgage 815
Balloon 382
Combination of the above 180
Payment plan of secondary mortgage:
Units with two or more mortgages \5 5,777
Fixed payment, self amortizing 4,762
Adjustable rate mortgage 391
Adjustable term mortgage 51
Graduated payment mortgage 56
Balloon 210
Other 3
Combination of the above 85

Reason primary refinanced:

Units with a refinanced primary mortgage \7 15,087
To get a lower interest rate 11,216
To increase payment period 196
To reduce payment period 780
To renew or extend a loan that has fallen due 118
To receive cash 2,209
Other reason 1,883

Cash received in primary mortgage refinance:

Units receiving refinance cash 2,209
 Median amount received (dollars) 31,275

Source: U.S. Census Bureau, Current Housing Reports,

Series H150/07 American Housing Survey for the United States.
Housing unit characteristics Household characteristic

New
Mobile homes Black \2 Hispanic \3 Elderly \4
construction \1

(1,000) (1,000) (1,000) (1,000) (1,000)

4,710 5,419 6,464 6,364 18,271

716 3,161 2,021 1,691 12,467

– 2 12 24 146
3,884 2,129 4,216 4,511 5,281
3,801 2,034 3,953 4,340 4,162
241 66 303 290 464
554 132 513 613 1,464
111 127 214 139 376

2,619 1,830 3,172 3,201 3,856

969 119 684 994 781
71 3 62 85 67

211 26 173 238 167

28 - 18 26 43
180 26 153 208 124
3,590 2,008 3,780 4,102 3,996
470 74 332 460 541
2,908 1,760 3,163 3,424 2,902
30 39 129 53 298
3 3 30 9 58
26 36 94 44 234
879 3,346 2,381 1,972 13,811
53 56 134 119 821
716 3,164 2,033 1,715 12,613
3,831 2,073 4,083 4,392 4,460
385 101 792 654 279
266 81 285 260 363
54 42 51 37 39
2,895 1,631 2,592 3,176 3,164

3,804 2,027 4,010 4,345 4,424

3,570 1,679 2,957 3,241 2,512
234 348 1,053 1,104 1,912
20 47 62 33 33
6 - - 6 -
1 - 11 8 3

3,030 1,585 3,180 3,573 3,436

239 120 272 249 201
10 - 3 10 14
93 21 74 83 44
69 29 27 37 27
46 4 6 21 5

613 48 406 650 263

523 46 338 547 223
35 - 29 55 18
2 3 8 3 4
8 - 3 11 -
29 - 14 12 5
- - - - -
- - 9 3 6

275 346 957 1,176 1,394

190 212 658 723 931
9 11 18 19 9
5 9 49 69 37
3 4 5 13 16
41 72 200 223 264
54 64 111 193 202

41 72 200 223 264

- 18,363 22,223 30,791 40,309
ld characteristics

Below
Moved in
poverty
past year
level
(1,000) (1,000)

5,501 5,566

951 3,191
- 20
4,423 2,152
4,345 1,989
200 129
368 243
127 202

3,210 1,534
883 218
76 20

166 51
33 7
133 44
4,179 1,938
289 140
3,644 1,425
35 78
3 11
29 67
1,121 3,499
43 86
951 3,212
4,380 2,067
518 186
368 125
45 57
3,162 1,288

4,328 2,024
4,237 1,586
92 439
42 37
7 6
3 -

3,536 1,392
197 92
9 2
106 32
46 12
26 20

698 97
573 85
46 3
3 -
9 -
29 3
- -
15 -

121 322
82 226
- 11
- 10
3 3
25 46
17 46

25 46
- -
Table 963. Mortgage Characteristics--Owner-Occupied Units: 2007

Back to Data

HEADNOTE
[In thousands (75,647 represents 75,647,000). As of fall. Based on the America
Housing Survey; see Appendix III]

SYMBOL
- Represents or rounds to zero.
NA Not available.

FOOTNOTES
\1 Constructed in the past 4 years.
\2 For persons who selected this race group only. See footnite 3, Table 954.
\3 Persons of Hispanic origin may be of any race.
\4 65 years old and over.
\5 Includes "don't know" and "not reported."\n\n
\6 Rural Housing Service/Rural Development Mortgage,
formerly Farmers Home Administration
\7 Persons reporting more than one reason are counted once in the total.

Source: U.S. Census Bureau, Current Housing Reports,

Series H150/07 American Housing Survey for the United States.

For more information:

http://www.census.gov/hhes/www/housing/ahs/nationaldata.html
its: 2007

ll. Based on the American

footnite 3, Table 954.

once in the total.

 $proc$compose autorecur acsd statab09 p0608 $proc$
[45page]<pn;4;608><px;;2>Construction and Housing<pa>
<begtab;tbspec2><setnc;9><setwid;1;10.2p>
<nr><setrul;col;2;0.3q>
<nr><setrul;col;4;0.3q>
Table 956. Mortgage Characteristics--Owner-Occupied
<Tr;;0><med>Table
Units:956.
2005<bold>Mortgage Characteristics--Owner-Occupied Units: 2005<l><lp;6q><sz;6q><ff;0><med>
<nr>\[<bold>In
[In thousands (74,931 represents 74,931,000). thousands
As of fall. Based on (74,931 represents 74,931,000). As of fall<med>. Based on the American
the American
Housing Survey; see Appendix III] <nr>Housing Survey; see Appendix III\]
<Tr;2;1>Mortgage characteristic
See Notes <nr><Tc;2;1>Total owner-occupied units
<nr><Tc;1;2>Housing unit<c>characteristics<c>
<nr><Tc;1;5><vstyle;ctr>Household characteristics<c>
New<r>con-<r>struc-<r>tion \1 Mobile homes Black \2 His-<r>panic \3 Elderly \4 Moved<r>in past<r>year Below<r>poverty<r>level<r>
$del
$del Housing unit characteristics Household characteristics
$del Total
Mortgage characteristic $del Mortgage characteristic owner- Below
$del occupied New Mobile Moved in poverty
$del units
construction \1 homes Black \2 Hispanic \3 Elderly \4 past year level
ALL OWNERS ALL OWNERS<c>
Total <nr><lp;3q>\n\n\n\n<chgrow;bold>Total 74,931 4,919 5,516 6,471 5,752 17,818 6,591 6,450
Mortgages currently on property: Mortgages currently on property:<ql>
None, owned free and clear <nr>\n\nNone, owned free and clear 24,776 839 3,066 2,078 1,539 12,139 1,258 3,690
Regular and/or home equity mortgages Regular and home equity mortgages 48,394 3,987 2,352 4,190 4,098 5,224 5,192 2,512
Regular mortgage Regular mortgage 44,652 3,843 2,233 3,971 3,964 4,115 5,064 2,338
Home equity lump sum mortage Home equity lump sum mortage 4,385 269 87 264 253 527 269 164
Home equity line of credit Home equity line of credit 10,044 712 132 438 476 1,320 652 297
Not reported Not reported 1,694 87 96 201 115 391 139 243
Number of regular and home equity mortgages:
Number of regular and home equity<ql>\nmortgages: \5<ql>
1 mortgage <nr>\n\n1 mortgage 33,409 2,815 2,053 3,208 3,085 3,878 3,634 1,824
2 mortgages 2 mortgages 10,877 921 108 558 719 688 1,149 259
3 mortgages or more 3 mortgages or more 1,164 100 5 56 90 77 146 40
Type of mortgage: <lp;3q>Type of mortgage:<ql>
Regular and home equity lump sum \5 <nr>\n\nRegular and home equity lump sum \5 2,958 224 15 157 183 162 208 96
With home equity line of credit With home equity line of credit 587 38 - 23 44 45 54 27
No home equity line of credit No home equity line of credit 2,348 183 15 131 137 115 151 69
Regular no home equity lump sum \5 Regular no home equity lump sum \5 41,694 3,619 2,218 3,814 3,781 3,953 4,855 2,242
With home equity line of credit With home equity line of credit 6,835 572 70 290 366 455 509 144
No home equity line of credit No home equity line of credit 31,992 2,899 1,962 3,162 3,223 2,936 4,089 1,714
Home equity lump sum no regular \5 Home equity lump sum no regular \5 1,427 45 73 107 70 365 61 68
With home equity line of credit With home equity line of credit 307 3 15 14 3 76 22 19
No home equity line of credit No home equity line of credit 1,099 42 57 91 66 280 40 46
No regular or home equity lump sum \5 No regular or home equity lump sum \5 28,851 1,031 3,210 2,393 1,718 13,338 1,466 4,045
With home equity line of credit With home equity line of credit 2,315 99 46 112 64 744 67 107
No home equity line of credit No home equity line of credit 24,842 845 3,068 2,081 1,539 12,203 1,260 3,695
OWNERS WITH ONE OR MORE <lp;3q>OWNERS WITH ONE OR MORE<c>
REGULAR OR LUMP SUM HOME <nr>REGULAR OR LUMP SUM<c>
EQUITY MORTGAGES <nr>HOME EQUITY MORTGAGES<c>
Total \5 <nr><lp;3q>\n\n\n\n<chgrow;bold>Total \5 46,079 3,888 2,306 4,078 4,034 4,480 5,125 2,405
Type of primary mortgage: Type of primary mortgage:<ql>
Farmers Home Adminsitration <nr>\n\nFHA 4,689 450 111 820 615 298 551 238
Veterans' Administration VA 1,809 160 37 231 115 150 203 66
Rural Housing Service/Rural Development Mortgage
RHS/RD \6\6 364 41 13 44 31 23 50 29
Other types Other types 35,908 3,087 1,894 2,561 3,049 3,332 4,059 1,621
Mortgage origination: <lp;3q>Mortgage origination:<ql>
Placed new mortgage(s) <nr>\n\nPlaced new mortgage(s) 45,798 3,879 2,264 4,032 3,977 4,448 5,077 2,371
Primary obtained when property acquired
\n\n\n\nPrimary obtained when property<ql>\n\n\n\n\nacquired 27,592 3,401 1,872 2,844 2,771 2,304 4,940 1,718
Obtained later Obtained later 18,206 478 392 1,188 1,206 2,144 138 653
Assumed Assumed 231 3 40 41 47 27 43 32
Wrap-around Wrap-around 11 6 2 - 3 3 5 -
Combination of the above Combination of the above 40 - - 5 8 2 - 2
Payment plan of primary mortgage: <lp;3q>Payment plan of primary mortgage:<ql>
Fixed payment, self amortizing <nr>\n\nFixed payment, self amortizing 37,392 3,187 1,853 3,227 3,284 3,297 3,955 1,677
Adjustable rate mortgage Adjustable rate mortgage 2,441 235 92 194 253 178 404 98
Adjustable term mortgage Adjustable term mortgage 160 0 15 13 7 43 7 14
Graduated payment mortgage Graduated payment mortgage 517 71 19 49 47 36 133 26
Balloon Balloon 518 76 45 22 51 37 102 32
Combination of the above Combination of the above 474 67 5 26 28 59 91 14
Payment plan of secondary mortgage: <lp;3q>Payment plan of secondary mortgage:<ql>
Units with two or more mortgages \5 <nr>\n\nUnits with two or more mortgages \5 5,286 494 27 339 478 260 834 143
Fixed payment, self amortizing Fixed payment, self amortizing 3,897 334 25 287 344 171 571 108
Adjustable rate mortgage Adjustable rate mortgage 460 67 - 11 37 21 110 3
Adjustable term mortgage Adjustable term mortgage 156 13 - 3 27 29 13 5
Graduated payment mortgage Graduated payment mortgage 70 13 - 5 16 - 35 2
Balloon Balloon 106 11 3 5 11 3 15 5
Other Other 5 - - - - - - -
Combination of the above Combination of the above 174 31 - 2 5 4 29 4
Reason primary refinanced: <lp;3q>Reason primary refinanced:<ql>
Units with a refinanced primary mortgage
<nr>\n\nUnits
\7 with a refinanced primary<ql>\n\n\nmortgage \7 17,685 535 302 1,102 1,192 1,502 133 513
To get a lower interest rate To get a lower interest rate 15,322 453 195 851 978 1,186 80 369
To increase payment period To increase payment period 568 10 13 31 57 45 10 12
To reduce payment period To reduce payment period 2,007 29 13 68 126 111 2 128
To renew or extend a loan that has fallen
\n\n\n\nTo
due renew or extend a loan that has<ql>\n\n\n\n\nfallen due 178 - 3 20 12 17 - 12
To receive cash To receive cash 2,375 60 36 169 230 261 25 70
Other reason Other reason 1,646 42 95 137 116 185 23 67
Cash received in primary mortgage refinance:
<lp;3q>Cash received in primary mortgage<ql>\nrefinance:<ql>
Units receiving refinance cash <nr>\n\nUnits receiving refinance cash 2,375 60 36 169 230 261 25 70
Median amount received (dollars) Median amount received (dol.) 28,084 (NA) (NA) 19,690 31,701 33,553 (NA) 21,390
<nr><endtab>
- Represents or rounds to zero. [tbf]- Represents or rounds to zero.\n\n
NA Not available. NA Not available.\n\n
\1 Constructed in the past 4 years. \1 Constructed in the past 4 years.\n\n
\2 For persons who selected this race group
\2 For
only.
persons
See footnite
who selected
3, Table
this954.
race group only. See footnite 3, Table 949.\n\n
\3 Persons of Hispanic origin may be of any
\3 Persons
race. of Hispanic origin may be of any race.\n\n
\4 65 years old and over. \4 65 years old and over.\n\n
\5 Includes "don't know" and "not reported."\n\n
\5 Includes "don't know" and "not reported."\n\n
\6 Rural Housing Service/Rural Development
\6 Mortgage,
Rural Housing Service/Rural Development Mortgage,
formerly Farmers Home Administration formerly Farmers Home Administration.\n\n
\7 Persons reporting more than one reason\7are
Persons
counted
reporting
once in more
the total.
than one reason are counted once in the total.
Source: U.S. Census Bureau, Current Housing
[tbf]Source:
Reports, U.S. Census Bureau, Current Housing Reports,
Series H150/05 American Housing Survey for
Series
the United
H150/05,States.
<mdit>American Housing Survey for the United States.
See Internet site <http://www.census.gov/hhes/www/housing/ahs/nationaldata.html>.
<med>See \<http://www.census.gov/hhes/www/housing/ahs/nationaldata.html\>.

08/20/2010
The American Housing Survey (AHS) collects data on the Nation's housing,
including apartments, single-family homes, mobile homes, vacant housing units,
household characteristics, income, housing and neighborhood quality, housing
costs, equipment and fuels, size of housing unit, and recent movers. National
are collected in odd numbered years, and data for each of 47 selected Metropol
are collected about every four years, with an average of 12 Metropolitan Areas
included each year. The national sample covers on average 55,000 homes. Each
metropolitan areas sample covers 4,800 or more homes. The survey is conducted
the Bureau of the Census for the Department of Housing and Urban Development.

The AHS returns to the same housing units year after year to gather data.
Therefore, this survey is ideal for analyzing the flow of households through
housing.
e Nation's housing,
s, vacant housing units,
rhood quality, housing
recent movers. National data
of 47 selected Metropolitan Areas
of 12 Metropolitan Areas
rage 55,000 homes. Each
The survey is conducted by
and Urban Development.

ear to gather data.

of households through