Mortgages

ALTERNATIVE LABELS
Home loans
NARROWER TERMS


Discussion paper

Generation stressed: house prices and the cost of living in the 21st Century

This discussion paper explores how the affordability of home ownership has changed between generations over the last half century. It shows that the common framing of mortgage affordability places far too much emphasis on short-term interest rates, and far too little on inflation and wage...
Report

Green mortgages: Financial incentives to design and build high-performance homes

This research forms part of BRANZ’s Exceeding the Minimum Programme. It considers how the New Zealand banking sector can lead the way in financing mortgages and home loan packages that consider building integrated features in high performance homes.
Report

Mortgage stress and precarious home ownership: implications for older Australians

This research investigated the growing numbers of middle-aged and older Australians who are carrying mortgage debt into retirement and paying off higher levels of debt relative to house values and income. Between 1987 and 2015, mortgage debt among older mortgagors increased by 600% (from $27,000...
Discussion paper

The effect of mortgage debt on consumer spending: evidence from household-level data

This paper explores the relationship between owner-occupier mortgage debt and spending using detailed panel data on Australian households. It finds evidence consistent with a ‘debt overhang effect’ – households cut back on their spending when they have higher levels of outstanding mortgage debt.
Guide

Creating an energy efficient mortgage for Europe: the supporting role of the green building sector

This guide from the World Green Building Council’s (WorldGBC’s) Europe network and EeMAP's partner E.ON sets out how they believe the sectors and stakeholders involved in delivering green buildings should support the growth of energy efficient mortgages.
Commentary

Vital signs. It’s one thing to back down on Hayne’s recommendation about mortgage brokers, it’s another to offer nothing in its place

Josh Frydenberg wants to leave mortgage broker commissions unchanged for three years. It's hard to see why.
Report

Residential mortgage price inquiry: final report

The opaque and discretionary pricing of residential mortgages by banks makes it difficult and time consuming for borrowers to shop around and stifles price competition, this report by the ACCC has found.
Report

Creating an energy efficient mortgage for Europe. Towards a new market standard

Greening our buildings is at the heart of our ght against climate change. Greener, more energy efficient buildings can also help to reduce the exposure to risk for property owners and the banks that nance them. Energy efficient mortgages can therefore be a powerful tool...
Report

Pathways to housing tax reform

This research is the final report of the AHURI inquiry into ‘Pathways to Housing Tax Reform in Australia.’ It features real-world modelling and implementation time frames to steer tax settings that progress the efficiency, equity and sustainability of housing tax policy, and also presents meaningful...
Report

Residential mortgage price inquiry: interim report

The opaque pricing of discounts offered on residential mortgage rates makes it difficult for customers to make informed choices and disadvantages borrowers who do not regularly review their choice of lender, this report by the ACCC has found.
Report

Housing affordability in Victoria

Home purchasing and renting, particularly in our capital cities, is now beyond the reach of many people. Are governments around Australia effectively tackling the pressing issue of housing affordability?
Report

Inquiry into housing policies, labour force participation and economic growth

This research presents evidence on how housing policies might promote labour force participation and economic growth through four channels - housing supply responsiveness, labour mobility, employment decisions and consumption.
Report

Housing prices, household debt and household consumption

This research investigated the relationship between increasing housing prices (or housing wealth) and the increased consumption expenditure of households from before the GFC and afterwards.
Report

Housing tenure, mobility and labour market behaviour

This study investigated the relationships between housing, housing markets and the labour market.
Report

A new look at the channels from housing to employment decisions

This research examined various possible links between housing related variables and employment.
Report

What impact do house prices have on household debt and labour supply in Australia?

The effect of house prices on households’ financial decisions has been an important question facing researchers and policy-makers. Increases in house prices may lead households to take on additional debt, refinance an existing mortgage, or change the composition of the debt held. Studies of labour...
Report

House prices, household debt and labour supply in Australia

The objective of the research presented in this report is to identify the nature and magnitude of the relationship between house prices, household debt and the labour market decisions of Australian households. It is well known that there is a positive relationship among house prices...
Working paper

Liquidity constraints, home equity and residential mortgage losses

This paper analyses how borrower liquidity constraints and home equity relate to the realized loss given default (LGD) using the quarterly U.S. residential mortgage loan-level data observed from Q2 2005 to Q1 2015. We define defaulted loans with zero-LGD as cure loans and those with...
Discussion paper

House prices, mortgage debt and labour supply: evidence from Australian households

This Positioning Paper outlines the research questions and methodology for an AHURI research study which utilises HILDA panel data and instrumental variable econometric techniques to interrogate the relationship between housing prices, household debt and labour supply in Australia. It provides preliminary evidence of important differences...
Thesis

An agent-based model of the housing market: steps toward a computational tool for policy analysis

This thesis develops a beta version of a new agent-based model of the Danish housing market, which is well suited to throw light on a range of aspects concerning business cycles and macro-prudential regulation. In particular, the model is employed to analyze the effects of...