Encouraging consumers to seek out and switch to lower-rate mortgages is important both for the individual consumer's finances and for functioning competitive markets, but switching rates are low. We conducted an experiment with mortgage-holders to test whether official advice on how to select...

The aftermath of the 2007/08 financial crisis has resulted in many Central Banks and regulatory authorities examining the appropriateness of macroprudential policy as an effective and efficient policy option in preventing the emergence of future credit bubbles. Specific limits on loan-to-value...

The sharp decline in house prices since 2007 has led to the emergence of widespread negative equity in Ireland. For a large sample of borrowers in negative equity the paper provides details on the characteristics of the borrowers and their mortgages by analysing loans taken out to purchase a...