The last decade has brought about substantial mortgage innovation and increased refinancing. The objective of this … paper is to understand the determinants and implications of mortgage choice in the context of a general equilibrium model … with incomplete markets. The equilibrium characterization allows us to study the impact of mortgage financing decisions in …

socioeconomic conditions, and mortgage markets. The paper also estimates a simultaneous econometric model for the country`s housing … highly elastic to households` disposable income, new housing prices and real interest rates on mortgage credit. On the supply …

Bereich der Immobilienfinanzierung gesamtwirtschaftliche Vorteile verspricht, weil die Entscheidungen der Haushalte zu einer … property prices can have a decisive effect on consumption. The mortgage markets represent an important link between monetary … example, where the standard mortgage has a variable interest rate. Moreover, the example of the USA, where household decisions …

Rising mortgage rates have led to one in five Danish fixed-rate mortgages to be refinanced during the first three … quarters of 2022. The unique Danish match-funding principle has allowed fixed rate mortgage borrowers to buy back their … mortgage and bank debt, while 38 per cent was cashed out. The cash-out share is higher for borrowers with lower levels of …