Ooijen, Raun van; Rooij, Maarten van - de Nederlandsche Bank - 2014
. Financially less sophisticated homeowners who consult intermediaries for professional financial advice hold more risky mortgages … financial crisis. We have designed a special questionnaire to relate mortgage loan decisions to financial literacy and financial … advice. Our findings show that homeowners seem well aware of mortgage risks. Loans are perceived more risky when they are …