We analyze mortgage lenders' behavior with respect to shale gas risk during the period of the U.S. shale gas boom … scrutiny, to $3,137, or 1.6% of profit earned on an average mortgage, afterwards. Our approach provides an alternative to the … decisions of mortgage professionals …

increased 1940 median home values and homeownership rates, but not new home building …

We use survey data to study American households' propensity to default when the value of their mortgage exceeds the … value of their house even if they can afford to pay their mortgage (strategic default). We find that 26% of the existing … the house. Yet, 17% of households would default, even if they can afford to pay their mortgage, when the equity shortfall …

mortgage credit in the postwar era, supports the model. The results suggest that more recent mortgage market innovations have …

, but the home mortgage interest deduction is a particularly poor instrument for encouraging homeownership since it is …The home mortgage interest deduction creates incentives to buy more housing and to become a homeowner, and the case for … the deduction rests on social benefits from housing consumption and homeownership. There is little evidence suggesting …

During the last quarter century, mortgage interest deductibility has been gradually phased out. In 1974 a ceiling was … set on the size of the mortgage eligible for interest deductibility (œ30,000 since 1983) and, beginning in 1993, the …. The penalty variables depend on the predicted probability of having a loan that exceeds the ceiling, the market mortgage …

In this paper we analyze the factors that affect the tenure choice of young adults, highlighting the impact of mortgage …

Earlier research has shown that lender income and wealth constraint ratios discourage homeownership. This empirical … allow households to select the optimal LTV and mortgage type (adjustable or fixed-rate with Federal Housing Administration …, the measured impact on the homeownership rate of the constraints falls to only 4 percentage points. Further, FHA loans are …