Fixed vs. adjustable-rate mortgages and attention

被引：0
|
作者：
Gonzalez-Fernandez, Marcos [1 ]
Trujillo, Francisco Jose Saez [1 ]
Gonzalez-Velasco, Carmen [1 ]
机构：
[1] Univ Leon, Leon 24071, Spain
来源：
FINANCE RESEARCH LETTERS | 2024年 / 62卷
关键词：
Mortgage market; Attention; Fixed-rate; Adjustable; -rate; Google data; SEARCH; RISK;
D O I：
10.1016/j.frl.2024.105150
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
The aim of this paper is to analyze the attention of households to fixed-rate and adjustable-rate mortgage loans depending on the evolution of interest rates. We hypothesize that a high level of general interest rates would lead to a higher attention to adjustable-rate mortgages. Using Google Trends tool to capture this attention, we demonstrate using VAR models that upsurges in interest rates precede a larger attention on Google searches related to adjustable-rate mortgages, but not for fixed-rate mortgages.
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页数：6
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