As the country’s book of home loans continues to grow, the average loan-to-value ratio continues to decline. Arkansas’ average LTV ratio exceeds all other states.
There was $9.185 trillion in U.S. mortgage debt outstanding as of the second-quarter 2016, more than a downwardly revised $9.109 trillion three months earlier.
The nation’s collective portfolio of residential loans also ascended from the same period one year earlier, when total mortgages outstanding came in at $8.926 trillion.
…read more
From:: Financing