Can Federal Policy Changes Improve the Performance of Rural Mortgage Markets?

Rural families pay more on average for mortgage financing than do urban families. While the $2 million estimated annual efficiency cost is too low to justify policy action, the estimated $300 million of additional interest paid by rural borrowers presents an equity concern. Part the difference in interest rates may be due to inefficiencies in rural financial markets. Low-cost remedies improve secondary market access, promote Federal mortgage guarantees, or generally improve the delivery of mortgage-related information to borrowers and lenders.


Issue Date:
1998
Publication Type:
Report
PURL Identifier:
http://purl.umn.edu/33649
Total Pages:
4
Series Statement:
Agriculture Information Bulletin No. 724-12; Issues in Agricultural and Rural Finance




 Record created 2017-04-01, last modified 2017-08-25

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