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Baker Viewpoint: Curtailment Mortgages are a Win-Win Economic Policy

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dc.contributor.authorHenderson, Jason
dc.contributor.authorFarrell, Matthew
dc.date.accessioned2020-09-04T19:44:13Z
dc.date.available2020-09-04T19:44:13Z
dc.date.issued2016-06-01
dc.description.abstractWhat happens if you prepay your standard residential mortgage? This question puzzles most people, and worse yet the answer can be even more confusing. However, a minor policy change that alters how prepayments are applied could benefit mortgage borrowers as well as the overall housing market.
dc.description.legacydownloadsCurtailment_Mortgages.pdf: 74 downloads, before Aug. 1, 2020.
dc.identifier.other8702469
dc.identifier.urihttps://hdl.handle.net/1813/70766
dc.language.isoen_US
dc.relation.ispartofseriesCornell Real Estate Review
dc.rightsRequired Publisher Statement: © Cornell University. Reprinted with permission. All rights reserved.
dc.subjectCornell
dc.subjectreal estate
dc.subjectmortgage
dc.subjectcurtailment
dc.subjecthomeowner
dc.subjectcurtailment mortgage
dc.subjectprepayment
dc.subjectpayment
dc.subjectamortization
dc.subjectterm
dc.subjectdisposable income
dc.subjectGDP
dc.titleBaker Viewpoint: Curtailment Mortgages are a Win-Win Economic Policy
dc.typearticle
local.authorAffiliationHenderson, Jason: Cornell University
local.authorAffiliationFarrell, Matthew: Cornell University
schema.issueNumberVol. 14

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CRER Vol. 14 (2016)