Extending the Benefits of Mortgage Refinancing: the Case for the Auto-Refi Mortgage

2021 ◽  
Author(s):  
Kanav Bhagat
Keyword(s):  
Mortgage Refinancing

Frictions in Mortgage Refinancing

2021 ◽  
Author(s):  
Raimundo Undurraga
Keyword(s):  
Mortgage Refinancing

Frictions in Mortgage Refinancing

2021 ◽  
Author(s):  
Raimundo Undurraga
Keyword(s):  
Mortgage Refinancing

scholarly journals Why Do Borrowers Make Mortgage Refinancing Mistakes?

2012 ◽  
Author(s):  
Sumit Agarwal ◽  
Richard J. Rosen ◽  
Vincent W. Yao
Keyword(s):  
Mortgage Refinancing

Optimal Mortgage Refinancing with Regime Switches

2008 ◽  
Vol 15 (1) ◽  
pp. 47-65 ◽  
Author(s):  
Toshio Kimura ◽  
Naoki Makimoto
Keyword(s):  
Mortgage Refinancing

scholarly journals Sources of Inaction in Household Finance: Evidence from the Danish Mortgage Market

2020 ◽  
Vol 110 (10) ◽  
pp. 3184-3230 ◽  
Author(s):  
Steffen Andersen ◽  
John Y. Campbell ◽  
Kasper Meisner Nielsen ◽  
Tarun Ramadorai
Keyword(s):  
Monetary Policy ◽  
Panel Data ◽  
Household Finance ◽  
Information Gathering ◽  
Mortgage Market ◽  
Lower Probability ◽  
Policy Transmission ◽  
Mortgage Refinancing ◽  
Refinancing Costs ◽  
And Behavior

We build an empirical model to attribute delays in mortgage refinancing to psychological costs inhibiting refinancing until incentives are sufficiently strong; and behavior, potentially attributable to information-gathering costs, lowering the probability of household refinancing per unit time at any incentive. We estimate the model on administrative panel data from Denmark, where mortgage refinancing without cash-out is unconstrained. Middle-aged and wealthy households act as if they have high psychological refinancing costs; but older, poorer, and less-educated households refinance with lower probability irrespective of incentives, thereby achieving lower savings. We use the model to understand frictions in the mortgage channel of monetary policy transmission. (JEL E52, G21, G51, R31)

A Closed-Form, After-Tax, Net Present Value Solution to the Mortgage Refinancing Decision

2015 ◽  
Vol 60 (3) ◽  
pp. 165-182
Author(s):  
Richard A. Followill ◽  
Brett C. Olsen
Keyword(s):  
Closed Form ◽  
Net Present Value ◽  
Present Value ◽  
Mortgage Refinancing

Rejection of Mortgage Refinancing: An Analysis from a Macromarketing Perspective

1992 ◽  
Vol 12 (1) ◽  
pp. 55-73
Author(s):  
Brent G. Goff ◽  
Rajan Nataraajan
Keyword(s):  
Mortgage Refinancing

Home Is Where the Equity Is: Mortgage Refinancing and Household Consumption

2004 ◽  
Vol 36 (6) ◽  
pp. 985-1014 ◽  
Author(s):  
Erik Hurst ◽  
Frank P. Stafford
Keyword(s):  
Household Consumption ◽  
Mortgage Refinancing

scholarly journals Consumer Mistakes and Advertising: The Case of Mortgage Refinancing

2017 ◽  
Vol 2017 (067) ◽  
Author(s):  
Serafin Grundl ◽  
◽  
You Suk Kim ◽  
Keyword(s):  
Mortgage Refinancing
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