
Classification
Empirical Undergraduate
Abstract
Currently in the United States, we are experiencing a significant increase in mortgage interest rates. While there are various factors that influence mortgage rates, high mortgage rates have an effect on the economy. Specifically, how mortgage rates affect one’s ability to save money. In this study, I asked how mortgage rates affect the personal savings, while accounting for the NASDAQ 100 and the participation of women in the labor force. The results of the regression suggest that when mortgage rates increase, savings rates will also increase.
Faculty Advisor
Dr. Sam Schreyer
Department/Program
Economics, Finance, & Accounting
Submission Type
in-person poster
Date
4-17-2023
Rights
Copyright the Author(s)
Recommended Citation
Jones, Mason
(2023)
"How Mortgage Rates Affect Personal Savings Rates in the U.S.,"
SACAD: Scholarly Activities: Vol. 2023, Article 83.
DOI: 10.58809/MVNI3159
Available at:
https://scholars.fhsu.edu/sacad/vol2023/iss2023/83
Comments
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