We investigate the role of mortgage switching costs in shaping the households' decision to change their main bank. To … reform that exogenously slashed down the mortgage switching costs. The empirical evidence, which survives to a variety of …

We model mortgage refinancing as a bargaining game involving the borrowing household, the incumbent lender, and an … correlated with the number of local branches and negatively correlated with local mortgage market concentration. Moreover … mitigated if their current mortgage lender has a branch locally. …