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Economics of the mortgage market

Leece, David

Economics of the mortgage market perspectives on household decision making - Oxford Blackwell 2004 - xii, 258p. 25cm. - Blackwell Real Estate Issues .

Examines the microeconomics of mortgage choices, using empirical research from the UK and US. Looks at: the demand for mortgage finance; mortgage decisions and the amortisation of debt; credit rationing, mortgage market adjustment and separating equilibrium; the householder's choice of mortgage design; the risky mortgage contract and embedded options - mortgage valuation and household behaviour; prepayment and default behaviour; and the field of mortgage market economics. Bibliography.

ISBN: 1405114614

Subjects--Topical Terms:
MORTGAGE FINANCE
MORTGAGE MARKET
UNITED STATES
UNITED KINGDOM
HOUSING FINANCE

LC Class. No.: 306.3 332.722

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