Posted rates as signals in mortgage lending markets

Robert B. Avery, Patricia E. Beeson and Mark S. Sniderman

No 9419, Working Papers (Old Series) from Federal Reserve Bank of Cleveland

Abstract: A discussion of how mortgage lenders might use posted lending terms to signal both their eagerness to take new loan applications and their lending standards.

Keywords: Mortgages; Interest rates (search for similar items in EconPapers)
Date: 1994
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