Credit Access
» Credit Access, Volume 8, Issue 7, 2008
If respondent owns all or part of the building or land on which their business is located and has a mortgage on the property.
17a1. Is the interest rate on that mortgage fixed or variable?
| Response | ||||
|---|---|---|---|---|
| 1 | Fixed | 76 | ||
| 2 | Variable | 23 | ||
| 3 | DK/Refuse | 2 | ||
| Total (%) | 101 | |||
| N | 212 | |||
Notes: Seventy-six (76) percent of small employers who own all or part of the building or land on which their business is located and have a mortgage on the property, have a fixed interest rate on the mortgage (Q#17a1).
