Concentration in Mortgage Lending, Refinancing Activity and Mortgage Rates
收藏NBER2013-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w19156
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资源简介：
We present evidence that high concentration in local mortgage lending reduces the sensitivity of mortgage rates and refinancing activity to mortgage-backed security (MBS) yields. A decrease in MBS yields is typically associated with greater refinancing activity and lower rates on new mortgages.
提供机构：
美国国家经济研究局
创建时间：
2013-06-01
