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Journal Article

Health Spending Among Older Adults Before and After Mortgage Payoff

Chris Herbert, Jennifer Molinsky, Samara Scheckler, Kacie Dragan • October 15, 2021

Older adult homeowners increasingly carry mortgage debt into retirement. The share of homeowners aged 65 and older with outstanding mortgages doubled between 1989 and 2016,…
Working Papers

Mortgage Credit and the Evolution of Risk-Based Pricing

Frank Raiter, Francis Parisi • February 23, 2004

BABC 04-23: Mortgage lenders have long used credit scores as a basis for estimating borrower risk. This risk differentiation is reflected in the coupon rate of the loan…