positive shocks to the Federal Funds Rate are associated with housing price changes in the negative direction and the mortgage … rate in the positive direction. Shocks to the mortgage rate have no statistically significant impact on housing prices …

This paper examines the magnitude and persistence of the mortgage rate pass-through in response to U.S. monetary policy … also find that the target factor has a one-week lagged impact on the 30-year fixed mortgage rate. Thus, short …-term adjustable mortgage rates experience higher degree of pass-through and faster adjustment speed than long-term fixed mortgage …

This paper examines how the U.S. monetary policy surprises impact the mortgage rates in the nation and across five … (the target factor) have a significantly positive impact on the 1-year adjustable-rate mortgage (ARM) rate within the week … rate and the 30-year fixed mortgage rates in the first week after the announcement. Furthermore, the responses of mortgage …

) to lower long-term interest rates and mortgage rates. This paper describes the evolution of the LSAP program and analyzes … how interest rates and mortgage rates changed during that time. Both the long-term interest rates and mortgage rates … program and provide projections of mortgage rates under different shock assumptions. Results suggest that early tapering …

in total mortgage issuance. Using a nine-country panel and instrumental variables methods, we present evidence that near …-term (one-year) rational expectations of future movements in ARM rates do affect mortgage choice, particularly in more recent …