Digitalization is transforming the mortgage market at every stage of the value chain. In this paper, we examine the potential for the mortgage industry to leverage…
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…
W06-4: Metropolitan Boston, one of the nation’s largest urban areas, is in the midst of sweeping transformations. It is growing slowly in population but is sprawling…