. Mortgage termination due to mobility, default and refinancing provides a lens for evaluating property market adjustments. The … to either prepay or default on the mortgage. The optimal choice between these two termination events may depend on … impact of motility on mortgage terminations with imperfect household and loan level data.Since omitted variables contribute …

and rising mortgage interest rates on household mobility. We find that both factors lead to lower, not higher, mobility … misplaced. It does indicate that, in the past, the mortgage lock-in effects of these two factors were dominant over time …. Policymakers may wish to begin considering the consequences of mortgage lock-in and reduced household mobility because they are …

This paper provides updated estimates of the impact of three financial frictions - negative equity, mortgage lock … percent, and $1,000 of additional mortgage or property tax costs reduces household mobility by 10 to 16 percent. Schulhofer …

This paper provides updated estimates of the impact of three financial frictions — negative equity, mortgage lock … percent, and $1,000 of additional mortgage or property tax costs reduces household mobility by 10 to 16 percent. Schulhofer …

This paper provides updated estimates of the impact of three financial frictions - negative equity, mortgage lock … household mobility by 30 percent, and $1,000 of additional mortgage or property tax costs reduces household mobility by 10 …