What's Hot: Mortgage Rates Fall Towards 6% Following Fed Cut
The Atlantic: How the Recession Changed Us
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In what is perhaps the coolest collection of statistical graphics we have seen in the past 12 months, The Atlantic has an infographic in it latest issue that compares a number of economic metrics pre and post-recession.
The full graphic can be viewed here, but below are a few interesting statistics (some real estate-related, some not) that came out of the article:
- Average rate on 30-year fixed mortgage: November 2007 — 6.21%; November 2010 — 4.3%
- Residential properties in foreclosure: October 2008 — 1.19 million; October 2010 — 2.09 million
- Unemployment rate: November 2007 — 4.7%; November 2010 — 9.8%
- Daily consumer spending: October 2008 — $91; October 2010 — $62
- Percentage of 18 to 29 year-olds who moved back in with parents during recession — 24%
Graphic on home page courtesy of The Atlantic.
See other articles related to: mortgage rates, recession, the atlantic
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/the_atlantic_how_the_recession_changed_us/2826.
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