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Consumer information search for home mortgages: who, what, how much, and what else?

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  • Lee, Jinkook
  • Hogarth, Jeanne M.

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  • Lee, Jinkook & Hogarth, Jeanne M., 2000. "Consumer information search for home mortgages: who, what, how much, and what else?," Financial Services Review, Elsevier, vol. 9(3), pages 277-293, 00.
    • Handle: RePEc:eee:finser:v:9:y:2000:i:3:p:277-293
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    References listed on IDEAS

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    1. Stigler, George J., 2011. "Economics of Information," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 5, pages 35-49.
    2. Ozanne, Julie L & Brucks, Merrie & Grewal, Dhruv, 1992. "A Study of Information Search Behavior during the Categorization of New Products," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 18(4), pages 452-463, March.
    3. T.L. Tyler Yang & Brian A. Maris, 1993. "Mortgage Refinancing with Asymmetric Information," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 21(4), pages 481-510, December.
    4. Paul Bennett & Richard Peach & Stavros Peristiani, 2000. "Implied Mortgage Refinancing Thresholds," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 28(3), pages 405-434.
    5. anonymous, 1997. "Public forum on streamlining and reform of the Truth in Lending Act and the Real Estate Settlement Procedures Act," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), issue Sep, pages 770-770.
    6. James R. Follain, 1990. "Mortgage Choice†," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 18(2), pages 125-144, June.
    7. Srinivasan, Narasimhan & Ratchford, Brian T, 1991. "An Empirical Test of a Model of External Search for Automobiles," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 18(2), pages 233-242, September.
    8. Beales, Howard & Craswell, Richard & Salop, Steven, 1981. "Information Remedies for Consumer Protection," American Economic Review, American Economic Association, vol. 71(2), pages 410-413, May.
    9. Capon, Noel & Burke, Marian, 1980. "Individual, Product Class, and Task-Related Factors in Consumer Information Processing," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 7(3), pages 314-326, December.
    10. Amy Dickinson & Andrea J. Heuson, 1993. "Explaining Refinancing Decisions Using Microdata," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 21(3), pages 293-311, September.
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    Cited by:

    1. Lin, Chaonan & Hsiao, Yu-Jen & Yeh, Cheng-Yung, 2017. "Financial literacy, financial advisors, and information sources on demand for life insurance," Pacific-Basin Finance Journal, Elsevier, vol. 43(C), pages 218-237.
    2. Key Pousttchi & Maik Dehnert, 2018. "Exploring the digitalization impact on consumer decision-making in retail banking," Electronic Markets, Springer;IIM University of St. Gallen, vol. 28(3), pages 265-286, August.
    3. Bai, Yiyi & Lu, Liping, 2020. "Households rejecting loan offers from banks," Journal of Banking & Finance, Elsevier, vol. 119(C).
    4. Simangaliso Biza-Khupe, 2011. "The significance of demographic factors on key-indicator variables of consumer credit decisions," Far East Journal of Psychology and Business, Far East Research Centre, vol. 3(2), pages 15-25, May.
    5. Lu Fan, 2021. "A Conceptual Framework of Financial Advice-Seeking and Short- and Long-Term Financial Behaviors: An Age Comparison," Journal of Family and Economic Issues, Springer, vol. 42(1), pages 90-112, March.
    6. Michael Grubb, 2015. "Failing to Choose the Best Price: Theory, Evidence, and Policy," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 47(3), pages 303-340, November.
    7. Miroslav Gabrovski & Victor Ortego-Marti, 2025. "Home Construction Financing and Search Frictions in the Housing Market," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 55, January.
    8. Jason Allen & Robert Clark & Jean-Fran?ois Houde, 2014. "The Effect of Mergers in Search Markets: Evidence from the Canadian Mortgage Industry," American Economic Review, American Economic Association, vol. 104(10), pages 3365-3396, October.
    9. Chung, Sol & Agnew, Julie & Bateman, Hazel & Eckert, Christine & Liu, Junhao & Thorp, Susan, 2024. "The impact of mortgage broker use on borrower confusion and preferences," Journal of Economic Behavior & Organization, Elsevier, vol. 224(C), pages 229-247.
    10. Gabrovski, Miroslav & Ortego-Marti, Victor, 2021. "Search and credit frictions in the housing market," European Economic Review, Elsevier, vol. 134(C).
    11. Jason Allen & Robert Clark & Jean-François Houde, 2012. "Price Competition and Concentration in Search and Negotiation Markets: Evidence from Mortgage Lending," Staff Working Papers 12-4, Bank of Canada.
    12. Rayenda Khresna Brahmana & Maria Kontesa & Josephine Tan-Hwang Yau, 2024. "Does information seeking moderate the relationship between financial loan inclusion and Fintech P2P lending?," Journal of Financial Services Marketing, Palgrave Macmillan, vol. 29(1), pages 171-185, March.
    13. J. Collins, 2011. "Mortgage Mistakes? Demographic Factors Associated with Problematic Loan Application Behaviors," Journal of Family and Economic Issues, Springer, vol. 32(4), pages 586-599, December.
    14. Omri Ben-Shahar & Carl E. Schneider, 2014. "The Futility of Cost-Benefit Analysis in Financial Disclosure Regulation," The Journal of Legal Studies, University of Chicago Press, vol. 43(S2), pages 253-271.
    15. Sumit Agarwal & Artashes Karapetyan, 2022. "Information Salience and Mispricing in Housing," Management Science, INFORMS, vol. 68(12), pages 9082-9106, December.

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