Credit Access
» Credit Access, Volume 8, Issue 7, 2008
If respondent owns their business AND residence AND has two mortgages on that property.
18b1. Is the interest rate on that mortgage fixed or variable?
| Response | ||||
|---|---|---|---|---|
| 1 | Fixed | 57 | ||
| 2 | Variable | 42 | ||
| 3 | DK/Refuse | 1 | ||
| Total (%) | 100 | |||
| N | 471 | |||
Notes: Fifty-seven (57) percent of small employer/owners who own their residence and have two mortgages on that property, have a fixed interest rate on the second mortgage (Q#18b1).
