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In this paper we examine the sensitivity of mortgage arrears for Irish households to changes in mortgage interest rates … information on current income and current mortgage repayments to link arrears to the level of, as well as shocks in, households … and those on tracker mortgage rate loans are most at risk following rate rises. This has important consequences for the …
Persistent link: https://www.econbiz.de/10011986617
On December 16th of 2015, the Fed initiated "liftoff," raising the federal funds rate range by 25 basis points and ending a 7-year regime of near-zero rates. We use a unique dataset of 640,000 loan-hour observations to measure the impact of liftoff on interest rates in the peer-to-peer lending...
Persistent link: https://www.econbiz.de/10011457389
lending guidelines, and demand in housing construction and mortgage lending has plummeted. Against this background, the paper …
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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 …
Persistent link: https://www.econbiz.de/10013121608
behaviour of Italian mortgage lenders using a novel loan-level dataset. When policy rates turn negative, banks with higher …
Persistent link: https://www.econbiz.de/10012892476
mortgage rates. The Federal Reserve's accumulation of MBS and Treasury securities lowered MBS yields and mortgage rates by more … turn significantly lower mortgage rates …
Persistent link: https://www.econbiz.de/10013059311