Why Do Borrowers Make Mortgage Refinancing Mistakes?
Why Do Borrowers Make Mortgage Refinancing Mistakes?
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Publisher
Linthicum: INFORMS
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Language
English
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Publisher
Linthicum: INFORMS
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Scope and Contents
Contents
Refinancing a mortgage is often one of the most important financial decisions people make. Borrowers choose the interest rate differential at which to refinance, and when that differential is reached, they need to take the steps to refinance before rates change again. Using a simple closed-form solution approximation of the optimal refinancing rule...
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Full title
Why Do Borrowers Make Mortgage Refinancing Mistakes?
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TN_cdi_jstor_primary_44166537
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_jstor_primary_44166537
Other Identifiers
ISSN
0025-1909
E-ISSN
1526-5501
DOI
10.1287/mnsc.2015.2272