Search: Real interest rate
RBA Glossary definition for Real interest rate
Real interest rate – The real interest rate refers to the cost of borrowing money (i.e. the nominal interest rate) net of inflation. It takes account of the fact that part of the nominal interest that borrowers pay to lenders represents compensation for anticipated inflation. The remaining �real� component better reflects the economic cost of borrowing and the return to lending.
RBA Glossary definition for interest rate
interest rate – The term used to describe the cost of borrowing money or the return to the owner of the funds which are invested or lent out. It is usually expressed as a percent per annum of the amount of money borrowed, lent or invested.
Search Results
Statistical Evidence
14 Jun 2016
RDP
2016-04
Table 4: Net Housing Income, Real Interest Rates and Inflation. Net housing capital income. ... 4). (5). (6). (7). (8). (9). Real interest rate. 0.162 (5.88).
https://www.rba.gov.au/publications/rdp/2016/2016-04/statistical-evidence.html
Housing Prices, Mortgage Interest Rates and the Rising Share of Capital Income in the United States
1 May 2016
RDP
2016-04
Table 4: Net Housing Income, Real Interest Rates and Inflation. Net housing capital income. ... 4). (5). (6). (7). (8). (9). Real interest rate. 0.162 (5.88).
https://www.rba.gov.au/publications/rdp/2016/2016-04/full.html
Housing Prices, Mortgage Interest Rates and the Rising Share of Capital Income in the United States
9 Jun 2016
RDP
2016-04
Gianni La Cava. May 2016. 1.13. MB. consumption, households, housing, income and wealth, interest rates, money. ... I also find evidence that the rise in the share of housing capital income over recent decades reflects a combination of: 1) lower real
https://www.rba.gov.au/publications/rdp/2016/2016-04.html
Introduction
14 Jun 2016
RDP
2016-04
H1a: Lower real interest rates are associated with higher net housing capital income (as a share of total income). ... The rise in the share of housing capital income is associated with long-run declines in both real interest rates and inflation, with
https://www.rba.gov.au/publications/rdp/2016/2016-04/introduction.html
Conclusion
14 Jun 2016
RDP
2016-04
RDP 2016-04: Housing Prices, Mortgage Interest Rates and the Rising Share of Capital Income in the United States 6. ... traced to: 1) both disinflation and lower real interest rates (which contributed to an expansion of credit for owner-occupied housing);
https://www.rba.gov.au/publications/rdp/2016/2016-04/conclusion.html
Data
14 Jun 2016
RDP
2016-04
The state-level estimates of mortgage interest rates are obtained from the FHFA. ... 3.5. 17.1. Real mortgage interest rate (%). 1,784. 4.3. 4.4. 2.5.
https://www.rba.gov.au/publications/rdp/2016/2016-04/data.html
Appendix B: Variable Correlations
14 Jun 2016
RDP
2016-04
Table B1: State-level Correlation Matrix. Interest rate. Real interest rate. ΔCPI. ... 0.23. 0.78. 0.18. 1.00. Real interest rate. 0.05. 0.32. 0.11. 0.40.
https://www.rba.gov.au/publications/rdp/2016/2016-04/appendix-b.html
Stylised Facts
14 Jun 2016
RDP
2016-04
RDP 2016-04: Housing Prices, Mortgage Interest Rates and the Rising Share of Capital Income in the United States 4. ... The larger rise in net housing profit is due to the decline in interest rates over this period.
https://www.rba.gov.au/publications/rdp/2016/2016-04/stylised-facts.html
References
14 Jun 2016
RDP
2016-04
RDP 2016-04: Housing Prices, Mortgage Interest Rates and the Rising Share of Capital Income in the United States References. ... Michalski T and E Ors (2012), ‘(Interstate) Banking and (Interstate) Trade: Does Real Integration Follow Financial
https://www.rba.gov.au/publications/rdp/2016/2016-04/references.html
The Measurement of Housing Services
14 Jun 2016
RDP
2016-04
RDP 2016-04: Housing Prices, Mortgage Interest Rates and the Rising Share of Capital Income in the United States 2. ... R. D). 3.2. 3.9. 6.4. Less: Net mortgage interest payments (IP).
https://www.rba.gov.au/publications/rdp/2016/2016-04/the-measurement-of-housing-services.html