Disentangling the effects of household financial constraints and risk profile on mortgage rates
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Dogfennau
- 2016 Disentangling the effecs of houshold
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Dangosydd eitem ddigidol (DOI)
In this paper we disentangle the impact of household financial constraints on mortgage rate from a number of dimensions of credit risk. This analysis relies on a dataset that contains information on the economic and financial decisions of Spanish households in four different years: 2002, 2005, 2008, and 2011. Our results suggest that banks’ profitable customers are able to bargain for lower mortgage rates. However, contrary to other studies, the risk profile does not have a significant effect on mortgage rates. Credit institutions tend to charge higher rates during the crisis to all customers, irrespective of their risk profiles.
Allweddeiriau
| Iaith wreiddiol | Saesneg |
|---|---|
| Tudalennau (o-i) | 76-100 |
| Nifer y tudalennau | 25 |
| Cyfnodolyn | The Journal of Real Estate Finance and Economics |
| Cyfrol | 56 |
| Rhif y cyfnodolyn | 1 |
| Dyddiad ar-lein cynnar | 19 Rhag 2016 |
| Dynodwyr Gwrthrych Digidol (DOIs) | |
| Statws | Cyhoeddwyd - Ion 2018 |
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