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We study two decompositions of inflation, , motivated by the standard New Keynesian Pricing Equation of Gali, Gertler, and Sbordone. The first uses four components: lagged,expected future, rea...
The Cost and Benefit of Reverse Mortgages
reverse mortgages closing expenses senior citizens home equity mortgage interest rates
2010/10/18
There has been a growing popularity of reverse mortgage among senior citizens who
need cash. The loan allows homeowners to convert a portion or the entire amount of equity on
their house into cash. ...