points increase in annual growth rate of mortgage lending by CRA-regulated banks to CRA-eligible census tracts relative to a … the CRA, however, do not show any change in their mortgage supply between these two types of census tracts after 1998. I … take advantage of this exogenous shift in mortgage supply within an instrumental variable framework to identify the causal …

The sensitivity of housing demand to mortgage rates and available leverage is key to understanding the effect of … financing scenarios. We vary down payment constraints, mortgage rates, and non-housing wealth. We find that a relaxation of down … poorer and more credit-constrained borrowers. On the other hand, changing the mortgage rate by 2 percentage points only …

-income rental assistance and policies to promote homeownership through interventions in mortgage markets. We describe the rationales …

We use a model and show how inflation and mortgage loans based on nominal interest rates (NRMs), like FRMs, ARMs or IOs … unpredictability of inflation and price levels (Modigliani, 1974). Real Rate Inflation-Indexed Mortgages (RIMs), or mortgage loans that …

macroeconomic policies to address these concerns. This paper looks at proposals to shore up the mortgage underwriting and legal …

government backing of the mortgage market. Nonetheless, the dominance of the crown corporation CMHC in the mortgage insurance … market concentrates a significant amount of risk in public finances. Improving competitive conditions in the mortgage …

greater chance of getting a mortgage to buy a home. As a result, the positive correlation between the homeownership and … search and matching model where trading frictions in the mortgage, housing and labour markets interact with each other …. Precisely, the employment status affects the probability to get a mortgage. In turn, the granting or not of the mortgage affects …