R&s

34
Surveys of Consumers: February 2010
SECTION AB: Mortgage Refinancing (AB1-AB11f)
VAR #

650

AB1.

In what year was your home purchased?
Code YEAR (1920-2010)
9998. DK
9999. NA
.
Inap, 2-7,98-99 in HOMEOWN

651

AB2.

What is the current market value of your home? (If sold it today, how
much would it bring in?)
CODE DOLLAR AMOUNT ($1-$9 999 995)
9 999 998. DK
9 999 999. NA
.
Inap, 2-7, 98-99 in HOMEOWN

653

AB3.

Was your mortgage refinanced during the past six months?
1. Yes
5. No
8. DK
9. NA
. Inap, 2-7,98-99 in HOMEOWN

654

AB4.

In which month was your mortgage refinanced?
Code MONTH (01-12)
98.
DK
99.
NA
.
Inap, 2-7,98-99 in HOMEOWN; 5, 8-9 in 653

654A

AB4.

YEAR refinanced
Code YEAR (2009,2010)
9999. NA
.
Inap, 2-7,98-99 in HOMEOWN; 5, 8-9 in 653

655

AB5.

Thinking about the original loan that was paid off when you refinanced,
what was the interest rate on that old loan?
CODE INTEREST RATE (00.25-30.00)
98.
DK
99.
NA
.
Inap, 2-7,98-99 in HOMEOWN; 5, 8-9 in 653

SRC/UM

35

February 2010

VAR #
656

AB6.

How much in total was owed on the mortgage, not counting interest, when
it was refinanced –- not the monthly payments, but the total mortgage
amount?
CODE DOLLAR AMOUNT ($1-9 999 995)
9 999 996. Nothing
9 999 998. DK
9 999 999. NA
.
Inap, 2-7,98-99 in HOMEOWN; 5, 8-9 in 653

657

AB7.

What is the interest rate on your new mortgage?
CODE INTEREST RATE (00.25-30.00)
98.
DK
99.
NA
.
Inap, 2-7,98-99 in HOMEOWN; 5, 8-9 in 653

658

AB8.

How much in total is owed, not counting interest, on your new mortgage
–- not the monthly payments, but the total mortgage amount?
CODE DOLLAR AMOUNT ($1-9 999 995)
9 999 998. DK
9 999 999. NA
.
Inap, 2-7,98-99 in HOMEOWN; 5, 8-9 in 653

659

AB9.

When you refinanced, did you borrow more than you needed to pay off the
previous mortgage and cover the closing costs on your new mortgage?
1. Yes
5. No
8. DK
9. NA
. Inap, 2-7,98-99 in HOMEOWN; 5, 8-9 in 653

660

AB10. How much extra money did you borrow?
CODE DOLLAR AMOUNT ($1-9 999 995)
9 999 998. DK
9 999 999. NA
.
Inap, 2-7,98-99 in HOMEOWN; 5, 8-9 in 653; 5,8-9 in 659

661

AB10a.Can you give me your best estimate?
CODE DOLLAR VALUE ($1-9 999 995)
9 999 998. DK
9 999 999. NA
.
Inap, 2-7,98-99 in HOMEOWN; 5,8-9 in 653; 5,8-9 in 659; 19999995, 9999999 in 660

36

SRC/UM

February 2010

VAR #
662
663
664
665
666

AB11a.
AB11b.
AB11c.
AB11d.
AB11e.

How did you use the extra money: home improvements?
How did you use the extra money: pay down/off other debts/loans?
How did you use the extra money: bought a car or other big item?
How did you use the extra money: business expenses?
How did you use the extra money: educational or medical expenses?
1. Yes
5. No
8. DK
9. NA
. Inap, 2-7,98-99 in HOMEOWN; 5,8-9 in 653; 5,8-9 in 659

667

AB11f.

How did you use the extra money: other?
05. Not checked
10. Reduce mortgage length
24. Divorce settlement
29. Bought property; real estate investment
50. Invest in own business
52. Stocks; bonds; mutual funds; certificates of deposit; IRA
deposits; “investments” –- NFS
55. Savings
63.

Vacation

90.

General living expenses; “everyday things”

98.
99.
.

DK
NA
Inap, 2-7,98-99 in HOMEOWN; 5,8-9 in 653; 5,8-9 in 659