Mortgage loans and home values in the Lima furniture market
Keywords:
Mortgage loans, housing prices, mortgage interest rate and credit conditionsAbstract
The research aimed to determine the relationship between placed mortgage loans and the value of houses in Lima’s property market in the period of 2005-2014. The method with quantitative approach was basic and deductive, the type and level was descriptive correlational and the design was non-experimental cross. The tools and techniques used are summarized through regression models of Ordinary Least Squares (OLS). The econometric program Eviews version 8 was used, developing line graphs and scatter plots. The finding was significant and positive relationship between the placed mortgage loans and the value of homes in Lima’s housing market.
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