Debt Usage and Mortgage Choice: Sensitivity to Default Insurance Costs
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Purchase of a house requires three interrelated household financial decisions: what level of debt to obtain, whether to select an adjustable or fixed rate mortgage (ARM or FRM) and whether to choose an FHA or a conventional loan. While some have analyzed the mortgage debt decision and the ARM/FRM
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美国国家经济研究局创建时间:
1995-03-01



