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Why Do Borrowers Make Mortgage Refinancing Mistakes?

Why Do Borrowers Make Mortgage Refinancing Mistakes?

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_jstor_primary_44166537

Why Do Borrowers Make Mortgage Refinancing Mistakes?

About this item

Full title

Why Do Borrowers Make Mortgage Refinancing Mistakes?

Publisher

Linthicum: INFORMS

Journal title

Management science, 2016-12, Vol.62 (12), p.3494-3509

Language

English

Formats

Publication information

Publisher

Linthicum: INFORMS

More information

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...

Alternative Titles

Full title

Why Do Borrowers Make Mortgage Refinancing Mistakes?

Authors, Artists and Contributors

Identifiers

Primary Identifiers

Record Identifier

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

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