Rational Pricing of Adjustable Rate Mortgages

In this paper we develop a general method for valuing adjustable rate mortgages and by producing a set of simulation results, we show that our approach can be implemented. While the simulations are of interest in their own right, we view the approach itself as the major contribution of the paper. Copyright American Real Estate and Urban Economics Association.

MoreLess

Year of publication:	1985
Authors:	Kau, James B. ; Keenan, Donald C. ; Muller, Walter J. ; Epperson, James F.
Published in:	Real Estate Economics. - American Real Estate and Urban Economics Association - AREUEA. - Vol. 13.1985, 2, p. 117-128
Publisher:	American Real Estate and Urban Economics Association - AREUEA

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005309952