The probability of fixed- and adjustable-rate mortgage termination

1996 ◽  
Vol 13 (2) ◽  
pp. 95-104 ◽  
Author(s):  
Richard A. Phillips ◽  
Eric Rosenblatt ◽  
James H. Vanderhoff
Keyword(s):  
Adjustable Rate ◽  
Adjustable Rate Mortgage ◽  
Mortgage Termination

Exploring the Role of Financial Disclosure Forms in Mortgage Type Selection

2017 ◽  
Vol 28 (2) ◽  
pp. 285-299
Author(s):  
Travis P. Mountain ◽  
Michael S. Gutter ◽  
Jorge Ruiz-Menjivar ◽  
Zeynep Çopur
Keyword(s):  
Treatment Group ◽  
Federal Reserve ◽  
Group Treatment ◽  
Financial Disclosure ◽  
Fixed Rate ◽  
Type Selection ◽  
The Difference ◽  
Adjustable Rate ◽  
Adjustable Rate Mortgage ◽  
Fixed Rate Mortgage

The purpose of this study was to determine whether using a financial disclosure form in a controlled setting can influence consumers’ mortgage selection. This study used a 2 × 2 experimental design where participants were assigned randomly to a control or treatment group. Treatment group participants received a Federal Reserve Board document that contained information explaining the difference between an adjustable-rate mortgage (ARM) and a fixed-rate mortgage (FRM). All participants were presented with two distinct scenarios and were asked to determine the most appropriate mortgage for each. Logistic regression results suggested that receiving the Federal Reserve Board document does make a difference in consumers’ mortgage choice in hypothetical scenarios. Financial knowledge and Truth in Lending Act knowledge were also were important predictors.

Pricing Effects of the Decision to Sell or Hold Adjustable Rate Mortgage Loans in a Portfolio

1997 ◽  
Vol 32 (1) ◽  
pp. 1-20
Author(s):  
John D. Benjamin ◽  
Andrea J. Heuson ◽  
C.F. Sirmans
Keyword(s):  
Mortgage Loans ◽  
Adjustable Rate ◽  
Adjustable Rate Mortgage
Sign in / Sign up

Export Citation Format

Share Document