In most countries, the prevalent long-term mortgage is variable-rate. The US is an outlier, with 80% fixed …, inflation exposure directly affects interest-rate expectations and mortgage choice. Third, we use SCF and RFS data, in …

mortgage rate. In the longer run, the supply of unregulated debt increases by almost 50 percent. We corroborate our findings by …

mortgage contract designs that more directly pass through interest rate declines to borrowers can reduce racial mortgage …

inflation. Mortgage taking is one of the major financial decisions that fit into the prediction. Consistent with the model, I … find households increase mortgage takings when their corresponding income-specific inflation is high. I use the Chinese …

Many struggling mortgage borrowers who have home equity lose it through foreclosure. To explainwhy they do not just … sell their homes instead, this paper develops a new model of mortgage default in which homeowners face psychic moving costs …

all mortgage loans originated between 2010 and 2019, to compare savings and spending of IOM borrowers to that of non …-IOM borrowers using their mortgage origination year in an event study design. Conditional on time and individual fixed effects, we … age predominantly accelerated non-mortgage debt repayments. …