Thorp, Susan; Liu, Junhao; Agnew, Julie; Bateman, Hazel; … - In: Journal of financial literacy and wellbeing : FLW 1 (2023) 1, pp. 47-78
The family home is the most important asset on household balance sheets, aside from human capital. Choosing a suitable … mortgage is therefore critical to financial well-being but households often make costly mistakes. We collect data in an online … survey to test borrowers' comfort with, and understanding of, mortgage debt. We analyze the impact of financial literacy …