A study from Bankrate found that 90 percent of owners do not regret buying their home. The findings also revealed improved mortgage awareness, with only 8 percent of home owners in the dark about what type of loan they have -- down from 26 percent two years ago.
The poll of 1,001 randomly selected home owners in August showed that 79 percent had fixed-rate financing, and this type of mortgage was used by almost 90 percent of respondents.
Source: Realty Times, Broderick Perkins (09/02/10)
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