mortgage market, banks need funding and tools to manage interest rate and liquidity risks - that is, in the absence of … significant derivative markets, funding from the capital market. The eventual development of a mortgage bond market based on …

This paper analyzes mortgage loan demand in Argentina using a new survey administered in the Buenos Aires Metropolitan … minimum income requirements for obtaining a mortgage. Affordability thus seems to offer a better explanation than standard … supply side constraints for the small size of the mortgage market in Argentina. Overall, the shallow mortgage market has not …

devaluation and the economic response policies on subsequent indexation of the mortgage rates on prepayment and default patterns … borrowers who are relatively wealthy or have a US$-denominated mortgage. On the other hand, we observe a significantly higher … default rate of borrowers who are less wealthy or have Peso-denominated mortgage …