Homebuyers happy despite housing ups and downs

With the rollercoaster ride homeowners have taken in recent years - gaining great equity, then losing it, now slowly gaining it back - you might think they are a little sour on home ownership.

But a new poll by Bankrate, Inc., found that 90 percent of homeowners say they don't regret buying their current home.

In fact, the pollsters found that homeowners are much more informed about the mortgage process. Today, only 8 percent said they didn't know what kind of loan they had. That's far better than two years ago when as many as 28 percent said they didn't know.

The poll - conducted by Princeton Survey Research Associates International for Bankrate - also found that:

Vintage home converted to office in Porterville

• Fixed-rate mortgages are on the upswing. Seventy-nine percent of those polled said they had a fixed-rate loan. 
• Americans making more than $75,000 overwhelmingly preferred fixed-rate mortgages. Almost 90 percent of those who were asked, said they used a fixed-rate mortgage.

You can find happiness to with one of the great deals on the market. Call Ruben Olguin (559) 280-9384, or Vincent Ingrao (559) 799-9165 of the Vintage Home Guys today for an appoinment.