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Eugen Tarnow

 

    Think you have a good mortgage rate - think again!

    Eugen G Tarnow  September 15 2015 04:08:06 PM
    By Eugen Tarnow, Ph.D.
    Avalon Business Systems, Inc.
    http://AvalonAnalytics.com

    Fannie Mae publishes data on the mortgages they get. There is a delay of more than a year so the latest complete file is from 2013.

    This is what the distribution of a 1% sample of thirty year mortgage rates looks like:

    Image:Think you have a good mortgage rate - think again!
    The most common mortgage rate is 3.68% but there are people who were able to get a 3.06% rate!

    Think you got a good deal?  Think again! (Unless, of course, the low interest loans had points paid up-front)

    We at Avalon can assist with your statistics needs.  We use SPSS Modeler, Python and R to get the results.

    Call us at 646 9825 9080  x1114 to get a quote.

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