The lock-in phenomenon—where homeowners hesitate to move b/c of lower rates on their current mortgage—has broad implications for housing supply, mobility, employment, schools, etc. Several other papers are also doing great research. We cited some but it's a quickly growing area!
The CEA's Economic Report of the President cites our FHFA working paper on the "lock-in" effect of mortgage rates! Proud to contribute to the national conversation on housing and mortgage markets.
📄 CEA Report: whitehouse.gov/wp-content/u...
📑 FHFA Paper: www.fhfa.gov/research/pap...
New working paper --> A European #energy crisis sent shockwaves across Norway. Did energy-efficient homes hold their value better? How long did it take for the market to react? What role did government subsidies play? Read the #research at: www.fhfa.gov/research/pap...
How do hurricanes affect mortgage performance? A new working paper reveals differences in loan outcomes by borrower demographics and storm severity. Find out which borrowers are affected and how credit risk is impacted.
Read: fhfa.gov/research/pap...
#Housing #Research #MortgageTrends
A new blog for our paper (FHFA WP 24-08) on "Banking on Buffers" points out rising household demand for bank deposits is key driver behind increase in banks' cash holdings. Check it out at www.fhfa.gov/blog/insight...
