Mortgage Refinancing
- 1 June 1988
- journal article
- Published by Wiley in Journal of Consumer Affairs
- Vol. 22 (1) , 85-95
- https://doi.org/10.1111/j.1745-6606.1988.tb00214.x
Abstract
A step‐by‐step procedure for evaluating mortgage refinancing is illustrated. The method is also used to show the effects of changes in marginal tax rates, opportunity discount rates, mortgage rates, and the age of the mortgage on the decision to refinance.Keywords
This publication has 1 reference indexed in Scilit:
- The Economics of Mortgage Terminations: Implications for Mortgage Lenders and Mortgage TermsPublished by National Bureau of Economic Research ,1982