GSEs, Mortgage Rates, and the Long-Run Effects of Mortgage Securitization
โ Scribed by Wayne Passmore; Roger Sparks; Jamie Ingpen
- Book ID
- 110349954
- Publisher
- Springer US
- Year
- 2002
- Tongue
- English
- Weight
- 633 KB
- Volume
- 25
- Category
- Article
- ISSN
- 0895-5638
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
This article reports on the determinants of the ARM choice for commercial real estate projects. The theoretical literature suggests that commercial real estate projects are more likely to be financed with an adjustable-rate mortgage (ARM) if the project's income stream or value is expected to rise w
Economic theory and empirical evidence indicate that the optimal near-term forecast of a long-term rate is (approximately) today's rate; the no-change model should provide excellent near-term forecasts of a long-term rate. This article estimates the longest tbrecast horizon over which no-change pred