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Federal Reserve Bank of Cleveland
Working Papers (Old Series)
Posted rates as signals in mortgage lending markets
Robert B. Avery
Patricia E. Beeson
Mark S. Sniderman
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.


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Robert B. Avery & Patricia E. Beeson & Mark S. Sniderman, Posted rates as signals in mortgage lending markets, Federal Reserve Bank of Cleveland, Working Papers (Old Series) 9419, 1994.
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Keywords: Mortgages ; Interest rates
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Fed-in-Print is the central catalog of publications within the Federal Reserve System. It is managed and hosted by the Economic Research Division, Federal Reserve Bank of St. Louis.

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