real house price, residential investment and mortgage debt on the two sides of the Atlantic. Then, it presents evidence …

This paper studies how mortgage borrowers and house prices react to a tightening of mortgage limits following a policy … leverage (LTV) of the mortgage. Using a difference-in-difference methodology, I find that groups of (poorer) borrowers, who …-to-value threshold, responded primarily by reducing the LTV of the mortgage. Borrowers who purchase cheaper houses could be buying …

mortgage-backed securities is more widespread. …

Despite the remarkable economic and financial convergence over the last ten years in the euro area, mortgage interest … rates still differ across countries. This note presents some stylised facts on the heterogeneity of mortgage interest rates … market: the market for mortgage loans. This allows us to identify more clearly the role of specific structural features …

towards mortgage indebtedness. We find that a given debt burden creates much higher distress in countries with fewer mortgage … holders relative to countries where a significant part of households uses mortgage debt. This effect is net of ppp …. - Mortgage debt ; credit markets ; financial distress ; household finance ; peer effects …