Mortgage Rate and the Choice of Mortgage Length: Quasi-experimental Evidence from Chinese Transaction-level Data
Published on Monday, January 16, 2012 | Updated on Tuesday, July 15, 2014
Mortgage Rate and the Choice of Mortgage Length: Quasi-experimental Evidence from Chinese Transaction-level Data
This study estimates the effect of the mortgage rate spread between long- and short-term loans on property purchasers’ choice of loan length.
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