LC542 GA MŠMT - Ministry of Education, Youth and Sports (MEYS)
CEZ
AV0Z70850503 - NHU-N (2005-2011)
Annotation
This paper explores the link between mortgage origination fees and housing prices. It is argued that sharp decline in mortgage origination fees in US since the late 1980s was caused by mortgage market deregulation and mortgage innovation. Based on this reasoning the sources of exogenous variation in mortgage fees are identified, and the effect of mortgage fees on housing prices is quantified.
Workplace
Economics Institute
Contact
Tomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122
Year of Publishing
2009
Number of the records: 1
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