Search: Sub-prime mortgage
RBA Glossary definition for Sub-prime mortgage
Sub-prime mortgage – While there is no precise definition of sub-prime mortgages, in the United States, they are typically loans made to borrowers with impaired credit histories, which might include one or more payment defaults, a previous loan foreclosure, or bankruptcy.
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The Rise in Household Liquidity
24 Nov 2021
RDP
PDF
1793KB
Keywords: household liquidity, mortgage debt, housing prices, liquidity constraints, amortisation. Table of Contents. ... makes it easier for households to save through mortgage prepayment. Mortgages with offset accounts currently comprise around 40 per
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-10.pdf
Research Discussion Papers – 2019
2 Jan 2019
RDP
RDP 2019-06 The Effect of Mortgage Debt on Consumer Spending: Evidence from Household-level Data.
https://www.rba.gov.au/publications/rdp/2019/
Do Australian Households Borrow to Keep up with the Joneses?
8 Nov 2022
RDP
PDF
1659KB
and examine its composition. I categorise debt into: mortgage debt, consumer debt (non-mortgage,. ... Non-mortgage. Credit card Hire purchase Car Business Investment. Gini coefficient –0.22.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-06.pdf
A Tale of Two Surveys: Household Debt and Financial Constraints in Australia
1 Jul 2003
RDP
2003-08
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/2003/2003-08.html
See 6 more results from "RDP 2003-08"
A Model of the Australian Housing Market
1 Mar 2019
RDP
2019-01
We estimate from March quarter 1987, following the deregulation of mortgage interest rates, to June quarter 2018. ... This is a significant factor in the large decline in real mortgage interest rates over.
https://www.rba.gov.au/publications/rdp/2019/2019-01/full.html
See 2 more results from "RDP 2019-01"
The Effect of Credit Constraints on Housing Prices: (Further) Evidence from a Survey Experiment
25 Jan 2023
RDP
PDF
1588KB
Further, prime borrowers in these zipcodes also showed strong growth in mortgage debt. ... 0. 1. 2. Log(normalisedprice). Log(normalisedprice). Inferred supply. Demand with 6.5%mortgage rate.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-01.pdf
Labour Force Participation and Household Debt
27 Jun 2007
RDP
PDF
598KB
Shamsuddin (1998), using cross-section data, finds that total mortgage debt has a significant positive. ... refinance, the bank is able to reassess income and reapply the mortgage borrowing constraint.
https://www.rba.gov.au/publications/rdp/2007/pdf/rdp2007-05.pdf
Housing Prices, Mortgage Interest Rates and the Rising Share of Capital Income in the United States
25 May 2016
RDP
PDF
1165KB
rates, higher mortgage debt and constraints on home building (due to either geographic. ... month. The survey includes conventional mortgages. It excludes multi-family loans and refinanced.
https://www.rba.gov.au/publications/rdp/2016/pdf/rdp2016-04.pdf
Trends in the Funding and Lending Behaviour of Australian Banks
2 Feb 2015
RDP
PDF
1090KB
Australia is one of a number of countries with a mortgage market dominated by variable rates. ... 16 This means that, while Australian households bear more interest rate risk on their mortgage.
https://www.rba.gov.au/publications/rdp/2013/pdf/rdp2013-15.pdf
MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy
20 Aug 2019
RDP
PDF
1571KB
tendency for loan-to-valuation ratios to increase when real mortgage rates decline. ... We model dwelling investment using an ECM with consumption, real mortgage interest rates and.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-07.pdf