Galindo, Arturo José; Hofstetter, Marc - UNIVERSIDAD DE LOS ANDES-CEDE - 2008
In this paper, we examine the determinants of mortgage loans interest rates in Colombia during the period January 2002 - June 2006. We find that the main macroeconomic determinant is public debt interest rates. At the micro level, we find that credit risk is the main determinant. We demonstrate...