lending guidelines, and demand in housing construction and mortgage lending has plummeted. Against this background, the paper …

This paper documents large differences in mortgage prepayment behavior across racial and ethnic groups in the United … combines administrative data on mortgage performance with information on race and ethnicity, we show that Black and Hispanic … periods of low mortgage rates and high refinance volumes. From 2010 to 2014, Black borrowers were paying 30 to 45 basis points …

mortgage contract designs that more directly pass through interest rate declines to borrowers can reduce racial mortgage …

We study the causal effect of mortgage rate changes on consumer spending, debt repayment, and defaults during an … interest rates of short-term fixed-rate mortgages (the dominant product in Canada's mortgage market) have to be reset according … variation in the timing of mortgage rate resets. We find asymmetric responses of consumer durable spending, deleveraging, and …

mortgage contract designs that more directly pass through interest rate declines to borrowers can reduce racial mortgage …

This paper examines whether monetary policy pass-through to mortgage interest rates affects household fertility … 2 percent. In aggregate, this pass-through of accommodative monetary policy to mortgage rates was sufficiently large to … new evidence on the nature of monetary policy transmission to households and suggest a new mechanism via which mortgage …

This paper examines how the U.S. monetary policy surprises impact the mortgage rates in the nation and across five … (the target factor) have a significantly positive impact on the 1-year adjustable-rate mortgage (ARM) rate within the week … rate and the 30-year fixed mortgage rates in the first week after the announcement. Furthermore, the responses of mortgage …

behaviour of Italian mortgage lenders using a novel loan-level dataset. When policy rates turn negative, banks with higher …