This paper investigates the housing and mortgage markets by means of an agent-based macroeconomic model of a credit … households’ creditworthiness conditions required by banks in order to grant a mortgage. Results show that easier access to credit …

This paper quantitatively accounts for the cyclical dynamics of key macroeconomic housing and mortgage market variables … using a tractable, searchtheoretic model of housing with equilibrium mortgage default. To explain these dynamics, the model …

/2008 financial crisis, which was triggered by the collapse of the U.S. subprime mortgage market. This research is particularly …

This paper examines the effects of a mortgage interest rate subsidy on booms and busts in the housing market by … analyzing the Housing Mortgage program in Mongolia. We find that the most recent housing boom in Mongolia occurred from the …-specific factors and macroeconomic variables had a significant influence on housing price dynamics. Mortgage interest rate …