Posted by jewelinbend 5 years ago In:

jewelinbend
jewelinbend Asked:

What is the average life of a mortgage loan? I need a verifiable and credible source to quote.

What is the average life of a mortgage loan?  I need a verifiable and credible source to quote.

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Answers

gabriwa
gabriwa Answered:

With a fixed rate the most common in the US are the 15 /30 year  plan. You might use this site for some info:

http://www.freeratesearch.com/en/newsroom/mortgage_statistics/ 

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