IDEAS home Printed from https://ideas.repec.org/p/ags/uersmp/320554.html
   My bibliography  Save this paper

Characteristics of Farm Mortgages Recorded January 1 through March 31, 1963

Author

Listed:
  • Eitel, Van E.

Abstract

Excerpts from the report: Farm mortgages recorded by the principal lender groups in the first quarter of 1963 averaged $14,320, carried an average interest rate of 5.65 percent, and were written for an average term of 17 years. The average size was 30 percent larger than in this period 2 years earlier. The average interest rate was lower by 0.14 percentage point and the average term was 0.9 year longer. These and other findings are from an analysis of the characteristics of about 53,000 farm mortgages recorded in approximately 1,600 counties in the United States during the first quarter of 1963. Data for this biennial survey were obtained by the Farm Credit Administration in cooperation with the Federal land banks and from managers of Federal land bank associations, county recorders, and others. The major life insurance companies also provided data on their farm-mortgage loans made in the period.

Suggested Citation

  • Eitel, Van E., 1965. "Characteristics of Farm Mortgages Recorded January 1 through March 31, 1963," Miscellaneous Publications 320554, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersmp:320554
    DOI: 10.22004/ag.econ.320554
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/320554/files/ERS-218.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.320554?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:uersmp:320554. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/ersgvus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.