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Working Paper

Posted Rates as Signals in Mortgage Lending Markets

A discussion of how mortgage lenders might use posted lending terms to signal both their eagerness to take new loan applications and their lending standards.

Suggested Citation

Avery, Robert B. , Patricia E. Beeson, and Mark S. Sniderman. 1994. “Posted Rates as Signals in Mortgage Lending Markets.” Federal Reserve Bank of Cleveland, Working Paper No. 94-19. https://doi.org/10.26509/frbc-wp-199419