Marginal vs. Average Mortgage Rates

Samuel Jordan-Wood and Julian Kozlowski

On the Economy from Federal Reserve Bank of St. Louis

Abstract: Mortgage rates have risen sharply, but the impact on the typical borrower can be better gauged if one considers the average rate rather than the current rate.

Keywords: mortgage; rates (search for similar items in EconPapers)
Date: 2023-06-01
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:96305

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