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…
Edward Golding, Richard Green, Douglas McManus
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February 1, 2008
UCC08-6: This paper has two parts. First, we look at the various agents involved in the mortgage transaction—including borrowers, brokers, originators, rating agencies…
Centro de Investigacion y Documentacion de la Casa (CIDOC), Sociedad Hipotecaria Federal
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April 1, 2005
The development of the housing sector is a strategic factor for any nation’s economic and social growth. An efficient and accessible housing market reduces the effect and…