Mortgage Pricing Implications of Prepayment: Separating Pecuniary and Non-pecuniary Prepayment

Fang, Lü

doi:10.1007/s11146-019-09735-7

Cited by 1 publication

(1 citation statement)

References 41 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…This A brief note on the interest rate implication is considered. According to several authors, the variable that most influences real estate promotion and credit for home purchase is the implicit interest rate on credit [38][39][40]. The opportunity cost is the lease through the market and the one that is supported by the public authorities.…”

Section: Discussion Of Resultsmentioning

confidence: 99%

Housing and Setting Constraints: The Portuguese Evidence

Santos

Castro

2022

Sustainability

View full text Add to dashboard Cite

In the last few decades, Portugal has witnessed an extraordinary quantitative and qualitative transformation in housing provision. The pace of housing construction was so extensive that the contemporary real estate market is currently characterized by an excessive supply, vis-à-vis the resident population. In this study, we discuss the impact of the financial process on the housing sector in comparison with tenancy. We consider transaction prices of the housing assignments, either through acquisition or through tenancy. The recent shock resulting from the pandemic situation did not slow down house prices but caused a slight drop in rents. The model used proposes to analyze the fluctuations in prices and rents in the face of external shocks. In the residential market, the estimation is complex due to the many heterogeneous attributes of residential assets. Non-fluctuating variables, such as size, location, and external demand for homes, explain a large part of the variation in price levels included in the model.

show abstract

Section: Discussion Of Resultsmentioning

confidence: 99%