Why housing has been so strong, but might not be for long
Why housing has been so strong, but might not be for long
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Publisher
Chicago: Federal Reserve Bank of Chicago
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Language
English
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Publisher
Chicago: Federal Reserve Bank of Chicago
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Scope and Contents
Contents
The fraction of total mortgage values financed at rates at least 200 bps below the market rate increases only to 77% in May 2023 (from the original unweighted 71%), while that fraction remains essentially unchanged at about 1.5% during the previous tightening cycles. [...]while there is evidence that more-affluent borrowers have been somewhat more...
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Full title
Why housing has been so strong, but might not be for long
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Record Identifier
TN_cdi_proquest_reports_2881894442
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_reports_2881894442
Other Identifiers
ISSN
0895-0164
E-ISSN
0895-0164,2163-3592
DOI
10.21033/cfl-2023-485