Sentences with phrase «of homeowners with mortgages»

Almost one quarter of homeowners with mortgages have negative equity in their homes.

Almost 7 per cent of homeowners with a mortgage were in extreme stress and 10 per cent were on the threshold.

About one out of eight, or 17 percent, of homeowners with a mortgage believes their home is worth less than the amount they owe, when in fact the opposite is true.

Also, a quarter of homeowners with mortgages are under water, 40 % of those who took out mortgages in 2006.

Long Island's chronically high housing costs were underscored in hew U.S. Census Bureau data that show nearly 40 percent of homeowners with a mortgage spent 35 percent or more of their household income for housing — much higher than experts say is financially prudent.

The increase in the number of homeowners with mortgages spending 30 per cent or more on shelter accounted for almost 90 per cent of the total rise in the number of households spending above this threshold during the five - year period.

On a state level, Nevada has the highest percentage of negative equity, with 66.9 percent of all homeowners with mortgages underwater.

As of 2015, nearly 70 % of homeowners with a mortgage reported that their term length was between 28 and 32 years, while only 11 % reported having a mortgage with a term between 13 and 17 years.

Today, current mortgage rates remain at historic lows around 4 % — with over 63 % of homeowners with mortgages paying interest rates between 3 % and 4.9 %, according to the Census Bureau.

Census Bureau data also reports that just 22.4 percent of homeowners with mortgage debt are cost burdened, meaning that they spend at least 30 percent of their household income on housing costs.

On average 70 % of homeowners with a mortgage claim this deduction and 90 % of all mortgage interest paid gets deducted, according to the National Association of Home Builders.

Looking ahead, the national negative equity rate is expected to fall to 14.9 percent of all homeowners with a mortgage by the end of the second quarter of 2015, according to the Zillow Negative Equity Forecast.

Nationally, 5.4 percent of homeowners with a mortgage had negative equity at mid-year, but that percentage varied from zero to about 20 percent across counties.

This translates to about one - third, or 31.4 percent, of homeowners with a mortgage, an increase from 31.1 percent in the previous quarter and a decrease from 32.4 percent a year ago.

In Phoenix, that was almost 36 % of homeowners with mortgages.

«About 11.6 percent of homeowners with mortgages are currently either delinquent on their mortgage or in default, according to data from the Mortgage Bankers Association.

«Nearly 10 million homeowners nationwide, representing 19 percent of all homeowners with a mortgage, now have at least 50 percent equity in their homes, according to RealtyTrac data.

* About one - third (32 per cent) of homeowners with mortgages had some mortgage activity in 2011, with 23 per cent renewing or refinancing their mortgage.

• Nationwide 7.4 million homeowners with a mortgage had 50 percent equity or more, representing 16 percent of all homeowners with a mortgage.

A quarter of homeowners with mortgages have made a lump sum payment or accelerated their mortgage payments in the past year, according to the survey.

Nationally, 5.4 percent of homeowners with a mortgage had negative equity at mid-year, but that percentage varied from zero to about 20 percent across counties.