Mortgage Refinancing and the Concentration of Mortgage Coupons

Bennett, Paul; Keane, Frank; Mosser, Patricia C.
March 1999
Current Issues in Economics & Finance;Mar1999, Vol. 5 Issue 4, p1
Academic Journal
Examines why mortgage refinancings responded to lower interest rates in 1998. Effects of mortgage refinancing; Factor driving refinancing activity; Details on the changing distribution of existing mortgage rates; Conclusion.


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