Conventional Financing Gains Ground

Conventional Financing Gains Ground

In another sign of the increasing health of the housing market, the share of mortgage financing made through conventional loans continues to expand. In 2011, at a low point, the share of conventional financing was 62% while preliminary estimates for 2014 indicate that that figure has climbed to 72%. At its recent peak in 2006/2007, conventional financing accounted for approximately 90% of all mortgages.

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Steve Devorak
Steve Devorak 152 posts

Steve Devorak is a former Director of Land Acquisition and Project Manager with extensive experience in the Southern California land market.

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