Discusses mortgage markets in selected nations, focusing on U.S., Canada, Denmark, and Australia; and identifies aspects of housing finance, in light of upcoming Congressional debate on housing finance reform. Compares homeownership rates, changes in housing prices, and factors affecting mortgage interest rates in these countries. Examines features of selected primary mortgage markets, which homebuyers directly experience when applying for and obtaining a mortgage; and discusses secondary mortgage market connections that link national mortgage markets and international financial markets. Identifies possible explanations as to why mortgage markets in three of the four countries examined appear to have more differences than similarities, yet have led to similar rates of homeownership.
Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Sept. 2012). Reuse except for individual research requires license from ProQuest, LLC. CRS Report.
Microfiche version: Library of Congress.Congressional Research Service. Mortgage Markets in Selected Developed Countries