economics10

May 19th, 2015
Studypool Tutor
Academy of Art University
Price: $25 USD

Tutor description

Income elasticity of demand (YED) measures the relationship between a change in quantity demanded for good X and a change in real income. The formula for calculating income elasticity of demand:

Word Count: 1356
Showing Page: 1/4
June 17 2013|Filed Under Fixed Income,Interest Rate Policy,MBS,Mortgage,Mortgage RatesMortgages come in two primary forms,fixedrate andadjustablerate, with some hybrid combinations and multiple derivatives of each. Abasic understanding of interest ratesand the economic influences that determine the future course of interest rates can help consumers make financially sound mortgage decisions, such as making the choice between a fixed-rate mortgage or adjustable-rate mortgage (ARM) or deciding whether torefinanceout of an adjustable-rate mortgage.In this article, we'll discuss the influence of interest rates on the mortgage industry, and how both will ultimately affect the amount you pay for your home.The Mortgage Production LineThe mortgage industry has three primary parts or businesses: themortgage originator, theaggregatorand the investor.The mortgage originator is the lender. Lenders come in several forms, fromcredit unionsand banks tomortgage brokers. Mortgage originators introduce and market loans to consumers. They sell loans. They compete with each other based on the interest rates, fees and service levels that they offer to c

Review from student

Studypool Student
" excellent work as always thanks for the help "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1826 tutors are online

Other Documents

05/19/2015
05/19/2015
05/19/2015
05/19/2015
05/19/2015
05/19/2015
05/19/2015
05/19/2015
05/19/2015
05/19/2015

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors