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Working Papers

Refinance and the Accumulation of Home Equity Wealth

Frank Nothaft, Yan Chang • February 10, 2004

BABC 04-10: Spending financed by home equity extraction helps smooth household consumption and bolster the economy in economic downturns, but may reduce wealth…
Working Papers

The Housing Needs of Lower-Income Homeowners

Josephine Louie, Eric Belsky, Nancy McArdle • August 14, 1998

W98-8: Homeownership is still a prime goal for Americans, and a rising homeownership rate is good for our country. Families, especially lower-income families, build up…