Using data from Canada and the United States, we quantify consumers' net pecuniary cost of using cash, credit cards …-through have regressive distributional effects in Canada and the United States. …

are much higher than those observed at any point in the 2000s. We describe in this paper how non-bank mortgage companies …

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 …

-standing and widespread Government-Sponsored Enterprises' (GSEs) mortgage default insurance subsidy on banks' equilibrium lending … subsidy is about 25 basis points per dollar, reduces the equilibrium mortgage interest rate by the same amount (3.6% of the …

We document wide dispersion in the mortgage rates that households pay on identical loans, and show that borrowers … percentile mortgage rate that borrowers with the same characteristics obtain for identical loans, in the same market, on the same … direct evidence that financial knowledge and shopping both affect the mortgage rates borrowers get, and that shopping …

Using data from the United States and Canada, we quantify consumers’ net pecuniary cost of using cash, credit cards …-through have regressive distributional effects in the United States and Canada …

Using data from the United States and Canada, we quantify consumers’ net pecuniary cost of using cash, credit cards …-through have regressive distributional effects in the United States and Canada. …

Using data from the United States and Canada, we quantify consumers’ net pecuniary cost of using cash, credit cards …-through have regressive distributional effects in the United States and Canada …

We analyze link between mortgage-related regulatory penalties levied on banks and the level of systemic risk in the U …

of the Danish mortgage finance system and compare and contrast it to the U.S. system. We also note characteristics of the … Danish model that may be of interest as the United States considers further mortgage finance reform. In particular, the … borrowers the option to repurchase their mortgage at the market price, mitigating "lock-in" effects. Danish mortgage …