住宅ローンの期限前償還、借り換え行動、延滞の分析

DOI Web Site 被引用文献1件

書誌事項

タイトル別名
  • The Analysis of Mortgage Prepayment, Refinancing and Delay of Payment
  • ジュウタク ローン ノ キゲンマエ ショウカン カリカエ コウドウ エンタイ ノ ブンセキ

この論文をさがす

抄録

This paper examines how mortgage prepayment, refinancing and delay of payment occur by proportional hazard model and multinominal-logit model and makes the comparison of the models between the adjustable rate loan (ARM; including short time fixed rate loan) and the fixed rate loan (FRM) and estimate the effects on the prepayment and delay by interest rates and income. The results indicate that the mortgage prepayment and refinancing is influenced by the difference between the rate of FRM and that of ARM and borrowers' characteristics such as risk aversive attitude. Borrowers, for example tend to prepay FRM and change their FRM into ARM when housing loan rate is dropping and risk aversive borrowers tend to change ARM into FRM. The results also show that delay of payment is caused by loan to value and income to payment.

収録刊行物

  • 都市住宅学

    都市住宅学 2007 (58), 66-75, 2007

    公益社団法人 都市住宅学会

被引用文献 (1)*注記

もっと見る

キーワード

詳細情報 詳細情報について

問題の指摘

ページトップへ