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Rural Mortgage Trends.pdf

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Preview of Rural Mortgage Trends
🔗 Source: ruralhome.org
📊 Size: 1.62 MB
📄 Pages: 10 pages
⬇️ Downloads: 62

Summary

Mortgage demand declined in rural America, with USDA loan guarantees plummeting 40% in 2022 to 72,000, the lowest since 2009, due to increased interest rates and rising housing prices, with the average loan amount for USDA guaranteed loans increasing 31% to $185,241.

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Description

Mortgage demand declined in rural America, with USDA loan guarantees plummeting 40% in 2022 to 72,000, the lowest since 2009, due to increased interest rates...

Technical Information

  • File Format: PDF
  • File Size: 1.62 MB
  • Pages: 10
  • Language: EN
  • Total Downloads: 62
  • Last Updated: 12 hours ago

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