What is the amount of the average home mortgage?
Fannie Mae's average loan size for single-family properties is about $170,000. But that doesn't include Jumbo loans.
In what city?
Where do you live? You should be able to go and get this information from a mortgage broker, the local newspaper, etc. House prices vary so widely across the country, that a country widespread average really has no meaning.
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I've been renting for a few years trying to outwit the bubble. I've heard over the years that one the righteous things about owning a home is that you can deduct your mortgage interest. But how much of a benefit is...
In what city?
Where do you live? You should be able to go and get this information from a mortgage broker, the local newspaper, etc. House prices vary so widely across the country, that a country widespread average really has no meaning.
Related Questions:
Question next to deduct mortgage interest for first time home buyer..relieve!?
I've been renting for a few years trying to outwit the bubble. I've heard over the years that one the righteous things about owning a home is that you can deduct your mortgage interest. But how much of a benefit is...