We characterize the large number of mortgage offers for which people qualify in the United Kingdom. Very few pick the … dispersion in the mortgage menu is consistent with banks price discriminating for borrowers who might pick poorly, while …

We use a new methodology to assess mortgage pricing discrimination faced by minority borrowers. We identify a "menu … problem" that comes from the multidimensional nature of mortgage pricing: When getting a mortgage, borrowers can choose to … dimensions of mortgage pricing are by now often available, intuitively attractive metrics of lender pricing discrimination used …

We document wide dispersion in the mortgage rates that households pay on identical loans, and show that borrowers … percentile mortgage rate that borrowers with the same characteristics obtain for identical loans, in the same market, on the same … direct evidence that financial knowledge and shopping both affect the mortgage rates borrowers get, and that shopping …

lending guidelines, and demand in housing construction and mortgage lending has plummeted. Against this background, the paper …

In this paper, we analyse the price discrimination and household switching in the residential mortgage market …

details search behavior for a large sample of mortgage borrowers, with loan application and rejection decisions. Our data … reveal substantial dispersion in mortgage rates and search intensity, conditional on observables. However, in contrast to …

I investigate how COVID-19 fatalities affect mortgage loan interest rates. Increases in COVID-19 fatalities are … accompanied by increasing mortgage loan interest rates. As mandatory state stay-at-home orders are issued and more locals are seen …

This paper studies the optimal mortgage refinancing problem of a behavioral household who is present-biased and … inattentive to mortgage rates. In solving the problem, I derive the first closed-form optimal refinancing rule of a behavioral … endogenously explain delays in mortgage refinancing. I find substantial evidence of present bias among households, with the average …

This paper describes a novel methodology of measuring risky and conservative mortgage credit using household survey … output, a feature linked to the lower relevance of homeownership which implies that mortgage credit plays a less prominent …