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Crowding Out Effects of Refinancing on New Purchase Mortgages
Barnes and Noble
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Crowding Out Effects of Refinancing on New Purchase Mortgages in Chattanooga, TN
Current price: $12.95

Barnes and Noble
Crowding Out Effects of Refinancing on New Purchase Mortgages in Chattanooga, TN
Current price: $12.95
Loading Inventory...
Size: OS
We present evidence that binding mortgage processing capacity constraints reduce mortgage originations to borrowers with low to modest credit scores. Mortgage processing capacity constraints typically bind when the demand for mortgage refinancing shifts outward, usually because of lower mortgage rates.
We present evidence that binding mortgage processing capacity constraints reduce mortgage originations to borrowers with low to modest credit scores. Mortgage processing capacity constraints typically bind when the demand for mortgage refinancing shifts outward, usually because of lower mortgage rates.
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