References
- Agarwal, S., Driscoll, J.C. and Laibson, D.I. (2013) Optimal mortgage refinancing: a closed-form solution. Journal of Money, Credit and Banking, 45(4), 591–622.
- Bennett, P., Peach, R. and Peristiani, S. (2000) Implied mortgage refinancing thresholds. Real Estate Economics, 28(3), 405–434.
- Brueggeman, W.B. and Fisher, J.D. (2010) Real estate finance and investments, 14th ed. McGraw-Hill, New York.
- Chang, Y. and Yavas, A. (2009) Do borrowers make rational choices on points and refinancing? Real Estate Economics, 37(4), 635–658.
- Chen, R. (1997) A refinancing decision model. National Public Accountant, 42(2), 44–48.
- Clauretie, T.M. and Sirmans, G.S. (2010) Real estate finance: theory & practice, 6th ed. Cengage Learning, Mason, OH.
- Followill, R.A. and Johnson, L.L. (1989) Taxes and mortgage refinancing. The Appraisal Journal, 57(2), 197–206.
- Fortin, R. and Michelson, S. (2005) The tax impacts of home mortgage refinancing: an analysis and a model. Journal of Real Estate Literature, 13(2), 191–202.
- Fortin, R., Michelson, S., Smith, S.D. and Weaver, W. (2007) Mortgage refinancing: the interaction of break even period, taxes, NPV, and IRR. Financial Services Review, 16(3), 197–209.
- G-Yohannes, A. (1988) Mortgage refinancing. Journal of Consumer Affairs, 22(1), 85–95.
- Hoover, G.L. (2003) The mortgage refinance decision: an equation-based model. Financial Services Review, 12(4), 319–337.
- Jacobs, F.A. and Tyson, T. (1986) It may not pay to refinance an old loan. Real Estate Review, 16(3), 84–87.
- Johnson, I.R. and Randle, P.A. (1996) The mortgage refinancing decision: a break-even approach. The CPA Journal, 66(2), 69–71.
- Johnson, I.R. and Randle, P.A. (2003) The mortgage refinancing decision: updated spreadsheet. The CPA Journal, 73(2), 60–61.
- Kalotay, A., Yang, D. and Fabozzi, F.J. (2004) An option theoretic prepayment model for mortgages and mortgage-backed securities. International Journal of Theoretical and Applied Finance, 7(8), 949–978.
- Kalotay, A., Yang, D. and Fabozzi, F.J. (2008) Optimal mortgage refinancing: application of bond valuation tools to household risk management. Applied Financial Economics Letters, 4, 141–149.
- Lee, P. and Rosenfield, D.B. (2005) When to refinance a mortgage: a dynamic programming approach. European Journal of Operational Research, 166(1), 266–277.
- Lipscomb, J.B. (1983) Refinancing real estate investments: a strategy for maximizing NPV. The Appraisal Journal, 51(2), 255–269.
- Matsumoto, K., Munro, J.D., Chang, M. and Gouws, D. (2014) An Excel model of mortgage refinancing decisions for sensitivity analysis and simulation. Journal of Accounting and Finance, 14(3), 21–38.
- Rose, C.C. (1992) Real estate investment refinancing. Real Estate Finance, 8(4), 57–62.