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

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

Over the period 2005 to 2015, Black borrowers paid more than 40 basis points higher mortgage interest rates than Non … refinancing for minority borrowers and alternative mortgage contract designs can significantly reduce racial mortgage rate …

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 …

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