Tuesday, May 19, 2009

FHA/VA Average Mortgage Amount Reaches Three Year High

In March 2009, the Average FHA/VA Mortgage Amount reached a new monthly high during the January 2006 through March 2009 timeframe. The FHA/VA Average Mortgage in March was $185, 752. See the chart below for the month-by-month trend over the last three years.

Click on the image below for a larger view.

As the chart shows, this growth in the FHA/VA Average Mortgage Amount has been pretty consistent since the maximum loan amounts were raised last year. As the housing market bounces back, we should expect this trend to continue. We will perform this analysis again in the future to see if we are correct.


theNerd said...

3 year high huh? how about an all time high!

theNerd said...

Paradox? Housing prices declining yet average mortgage loan size increasing?

obama loan modification california said...

I am so thankful that you will shared this very nice info with us, I am sure your idea is more helpful for me.

obama loan modification california