What is the microelasticity of mortgage demand to interest rates? Despite the importance of this parameter for models of monetary policy efficacy, little is known about the…
This paper examines trends in prime-market mortgage lending to low- and moderate-income families and to families living in underserved areas, hereafter affordable lending,…
W00-8: Housing is a crucial component of economic competitiveness. The growing spatial mismatch between where job growth is taking place and where people can afford to…