Gregory Pennington Reveals Popularity of Fixed-Rate Mortgages
Monday, April 6th, 2009Research by debt management company gregorypennington.com indicates that today’s homeowners are much more likely to opt for the security of fixed-rate mortgages, rather than variable.
In recent years, the percentage of homeowners choosing a fixed-rate mortgage has leaped from 47% to 76%, according to a survey conducted in July 2008. The survey revealed a stark contrast [...]