MBA Releases Podcast Discussing Consumer Mortgage Decisions

Members of the Media:

Today MBA released a podcast recording featuring Michael Fratantoni, MBA's Vice President of Single Family Research and Andrew Kalotay, President of Andrew Kalotay Associates discussing the recent paper, "A Financial Analysis of Consumer Mortgage Decisions."

The paper, conducted by Andrew J. Kalotay and Qi Fu and sponsored by the Research Institute for Housing America (RIHA), provides a deeper look into some of the complex mortgage and financial investment decisions consumers face as well as methods for analyzing those choices.

The main topics discussed in the podcast are:

• How to determine the appropriate mortgage product and rate/point tradeoff
• How to determine the right time to refinance
• The costs and benefits of paying down a mortgage versus other potential investment choices

The podcast recording can be accessed by clicking here.

A copy of the paper can be found on the RIHA website by clicking here. If you have any questions, please contact Carolyn Kemp at (202) 557-2727 or ckemp@mortgagebankers.org.