Credit Access
» Credit Access, Volume 8, Issue 7, 2008
If respondent owns their residence and has a mortgage on that property.
18a1. Is the interest rate on that mortgage fixed or variable?
Response | ||||
---|---|---|---|---|
1 | Fixed | 85 | ||
2 | Variable | 14 | ||
3 | DK/Refuse | 1 | ||
Total (%) | 100 | |||
N | 471 |
Notes: Eighty-five (85) percent of small employer/owners who own their residence and have a mortgage on the property have a fixed interest rate on that mortgage (Q#18a1).