Relationships Between the Mortgage Instrument the Demand for Housing And Mortga
Relationships Between the Mortgage Instrument the Demand for Housing And Mortga
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To quickly assess the difficulty of the text, read a short excerpt:
A disequilibrium model is propoysd where lenders adjust rates but not enough to clear the market, this change also affected bv competing yields and savings flows. Lenders lend consistent with their supply curve.
The model specifies an equation for the percentage change in the stock of mortgages which is assum. Ed to depend on vacancy rates, mortgage and other market Interest rates and a time trend. The equation is not estimated directly but is Bi'. Bst itut ed into an equation representing the ...adjustment of mortgage rates.
The residential construction function simnlv translates changes in the mortgage stock to expenditures.
Changes in the real mortgag>" stock, changes in household formation, changes in the spread between mortga, !;e and corporate bond rates, and a trend are found to be important determinants of residential construction.
^- Br. -Kiv, E. A. , "An Econometric Analvsls of the V. S. Residential Housing Market, " in Na tional Housing Model s, R. B. Ricks, ed . , Lexington, MA: Lexington Books, 1973.
What to read after Relationships Between the Mortgage Instrument the Demand for Housing And Mortga?
You can find similar books in the "Read Also" column, or choose other free books by James Russell Kearl to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
A disequilibrium model is propoysd where lenders adjust rates but not enough to clear the market, this change also affected bv competing yields and savings flows. Lenders lend consistent with their supply curve.
The model specifies an equation for the percentage change in the stock of mortgages which is assum. Ed to depend on vacancy rates, mortgage and other market Interest rates and a time trend. The equation is not estimated directly but is Bi'. Bst itut ed into an equation representing the ...adjustment of mortgage rates.
The residential construction function simnlv translates changes in the mortgage stock to expenditures.
Changes in the real mortgag>" stock, changes in household formation, changes in the spread between mortga, !;e and corporate bond rates, and a trend are found to be important determinants of residential construction.
^- Br. -Kiv, E. A. , "An Econometric Analvsls of the V. S. Residential Housing Market, " in Na tional Housing Model s, R. B. Ricks, ed . , Lexington, MA: Lexington Books, 1973.
What to read after Relationships Between the Mortgage Instrument the Demand for Housing And Mortga?
You can find similar books in the "Read Also" column, or choose other free books by James Russell Kearl to read onlineMoreLess
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