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Your search keyword '"RATES"' showing total 3 results
3 results on '"RATES"'

1. A Note on the Valuation of Mortgage Loan Commitments: Incorporating the Commitment Cost in the Mortgage Rate.

Author

Kutner, George W. and Seifert, James A.

Subjects
MORTGAGE loans, LOANS, MORTGAGE rates, INTEREST rates, RATES, HOUSING finance, REAL estate business
Abstract

Abstract. Kutner and Seifert [4] recently found that mortgage loan commitments have significant financial value. This note presents a procedure that may be used to incorporate this value in the nominal lending rate. The findings indicate that typical lending rates should be augmented by approximately 8 to 44 basis points in order to adequately capture this additional cost. [ABSTRACT FROM AUTHOR]

Published
1990

2. Financial Outlook.

Subjects
*MORTGAGE loans, *INTEREST rates, *LOANS, *RATES
Abstract

Reveals that the Canadian Imperial Bank of Commerce raised its five-year mortgage rate by one-quarter of a point in early March 1999. Second increase since December 1998; What analysts attribute this move to; Mortgage fluctuations since April 1998.

Published
1999

3. Do You Have The Wrong Mortgage?

Author

Simon, Ruth

Subjects
*MORTGAGE loans, *HOMEOWNERS, *LOANS, *INTEREST rates, *FIXED rate mortgages, *RATES
Abstract

Reports that some U.S. home-owners are choosing riskier adjustable-rate mortgages over fixed-rate mortgages. Low interest rates which would be locked in by fixed-rate mortgages; View the some may be choosing adjustable-rate mortgages because they have a lower starting interest rate; Concern about interest-only loans which could result in borrowers paying more for a house than it is worth if market values fall.

Published
2002

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