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Newport Mortgage Quotes And Real Estate


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Newport Mortgage and Real Estate Facts

Overview

There are 2,068 housing units in Newport. An estimated 51% of living spaces in the city are occupied by their owners, not by renters.

Newport Mortgage

In Newport, 63% of non-rental housing carries a mortgage. In the city 8% of the housing has a mortgage beyond the initial new home purchase mortgage, such as a home equity loan or second mortgage.

Mortgage and interest rate quotes for the Newport area (or anywhere else you choose in the US) are available, without obligation or credit checks:

Newport Mortgage Statistics

CategoryValue
Homes With No Mortgage37%
With A Mortgage63%
First Mortgage Only55%
Second Mortgage or Home Equity Loan8%
Second Mortgage Only3%
Home Equity Loan Only4%

Newport Housing Expenses

CategoryValue
Owner Costs as % of Income19.7%
Median Real Estate Taxes (2000)$1,633

Newport Household Size

CategoryValue
Total Occupied2,068
1-Person Households36%
2-Person Households35%
3-Person Households13%
4-Person Households8%
5-Person Households5%
6-Person Households2%
7+-Person Households0%

Newport Housing Stock

CategoryValue
Median Year Built1942
Median Year Built (Owner Occupied)1954
Median Year Built (Renter Occupied)1939

Newport Home Heating

CategoryValue
Using Utility Co. Gas Heat0%
Using Bottled/Tank Gas Heat7%
Using Electric Heat1%
Using Oil Heat83%
Using Coal0%
Using Wood Heating9%
Using Solar Heat0%
Other Heating0%
No Heating0%

Newport Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom2%
2 Bedrooms21%
3 Bedrooms49%
4 Bedrooms19%
5+ Bedrooms8%
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