Mortgage Pricing

2009 ◽  
Author(s):  
Ararat Yesayan
Keyword(s):  
Mortgage Pricing

FHA Terminations: A Prelude to Rational Mortgage Pricing

1985 ◽  
Vol 13 (3) ◽  
pp. 273-291 ◽  
Author(s):  
Chester Foster ◽  
Robert Order
Keyword(s):  
Mortgage Pricing

scholarly journals The impact of the GST on mortgage pricing of Australian credit unions

2014 ◽  
Vol 27 (1) ◽  
pp. 37-51 ◽  
Author(s):  
Benjamin Liu ◽  
Allen Huang ◽  
Brett Freudenberg
Keyword(s):  
Credit Unions ◽  
Multivariate Regression Analysis ◽  
Yield Spreads ◽  
Content Type ◽  
Goods And Services ◽  
Mortgage Pricing ◽  
Effective Yield ◽  
Interest Margins ◽  
The Impact ◽  
First Time

Purpose – The purpose of this paper is to investigate the impact of the Goods and Services Tax (GST) on mortgage pricing and to measure the GST shifting ratio of Australian credit unions. Design/methodology/approach – Using the proprietary data from 79 credit unions in Australia, we perform multivariate regression analysis on the effect of the GST on mortgage effective yield spreads and interest margins, respectively. We also introduce a model that is used to measure the GST shifting ratio. Findings – We document that the introduction of the GST in July 2000 led to the substantial rise in mortgage costs charged by credit unions in the post-GST periods. Overall, the GST alone contributed to the increase of effective yield spreads and interest margin by 65.3 and 70.1 basis points, respectively. As measured by the GST-shifting ratio, credit unions passed more than twice of the GST rate. This suggests GST over-shifting, and it is generally consistent with tax over-shifting literature. Originality/value – This is the first time the GST shifting ratio has been robustly measured with the use of multivariate models on mortgage costs.

scholarly journals Higher Bank Capital Requirements and Mortgage Pricing: Evidence from the Counter-Cyclical Capital Buffer*

2019 ◽  
Author(s):  
Christoph Basten
Keyword(s):  
Capital Requirements ◽  
Mortgage Lending ◽  
Basel Iii ◽  
Bank Capital ◽  
Mortgage Pricing ◽  
Level Data ◽  
Bank Capital Requirements

Abstract We identify the effects of the Basel III macroprudential tool Counter-Cyclical Capital Buffer on mortgage lending. Using the first dataset on responses from multiple banks to each household, we find no evidence of explicit rationing. But as the CCyB applied only to mortgages, banks with higher mortgage specialization or lower capital cushions raise prices by an extra eight basis points. Bank level data then show that this allows them to slow their mortgage growth and rebuild capital cushions. While market-wide mortgage growth did not slow down significantly, the composition of mortgage suppliers thus moved to previously less exposed banks.

Mortgage‐pricing determinants

1995 ◽  
Vol 13 (3) ◽  
pp. 3-11 ◽  
Author(s):  
Arthur Meidan ◽  
Alan C. Chin
Keyword(s):  
Mortgage Pricing

The option valuation approach to mortgage pricing

1988 ◽  
Vol 1 (2) ◽  
pp. 131-149 ◽  
Author(s):  
Andrew S. Carron ◽  
Marjorie Hogan
Keyword(s):  
Option Valuation ◽  
Mortgage Pricing
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