An Investigation of Adjustable-rate Mortgage Pricing Features

Authors

William K. Templeton, Butler UniversityFollow
Robert S. Main, Butler UniversityFollow
J. B. Orris, Butler UniversityFollow

Document Type

Article

Publication Date

Winter 2002

Publication Title

Financial Services Review

First Page

367

Last Page

379

Additional Publication URL

http://academyfinancial.org/financial-services-review/

Abstract

Investigates costs and risks associated with the choice of terms for adjustable rate mortgages. Impact of mortgage-rate changes on the size of payments for adjustable-rate mortgages; Examination of the choice of length of the fixed period before the occurrence of the first interest rate; Assessment of the choice of annual and lifetime caps for a standard one year adjustable rate mortgages.

Rights

This article was originally published in Financial Services Review, 2003, Volume 12.

Recommended Citation

Templeton, William K.; Main, Robert S.; and Orris, J. B., "An Investigation of Adjustable-rate Mortgage Pricing Features" (2002). Scholarship and Professional Work - Business. 7.
https://digitalcommons.butler.edu/cob_papers/7