Mountain View
biomedical and healthCAre Data Discovery Index Ecosystem
help Advanced Search
Title: Mortgage Innovation, Mortgage Choice, and Housing Decisions      
dateReleased:
04-08-2015
downloadURL: http://dx.doi.org/10.3886/ICPSR25063.v1
ID:
doi:10.3886/ICPSR25063.v1
description:
This paper examines some of the more recent mortgage products now available to borrowers. The authors describe how these products differ across important characteristics, such as the down payment requirement, repayment structure, and amortization schedule. The paper also presents a model with the potential to analyze the implications for various mortgage contracts for individual households, as well as to address many current housing market issues. The authors use the model to examine the implications of alternative mortgages for homeownership and to show that interest rate-adjustable mortgages and combo loans can help explain the rise-and fall-in homeownership since 1994.
description:
Chambers, Matthew S.; Garriga, Carlos; Schlagenhauf, Don, 2015, "Mortgage Innovation, Mortgage Choice, and Housing Decisions", http://dx.doi.org/10.3886/ICPSR25063.v1
name:
Chambers, Matthew S.
Garriga, Carlos
Schlagenhauf, Don
homePage: http://www.harvard.edu/
name:
Harvard University
ID:
SCR:011273
abbreviation:
DataVerse
homePage: http://thedata.org/
name:
Dataverse Network Project
ID:
SCR:001997