caa a22 4500 44531639X CHVBK 20180317142648.0 cr unu---uuuuu 170323e20111101xx s 000 0 eng 10.1007/s11146-009-9214-y doi (NATIONALLICENCE)springer-10.1007/s11146-009-9214-y Do Women Pay More for Mortgages? [Elektronische Daten] [Ping Cheng, Zhenguo Lin, Yingchun Liu] This paper documents women on average pay more for mortgages than men. The disparity cannot be fully explained by traditional variables such as mortgage features, borrower characteristics, and market conditions. While the persistence of gender disparity may suggest discrimination, we offer a different explanation: women pay higher rates because they are more likely to choose lenders by recommendation while men tend to search for the lowest rate. Our empirical test confirms that search effort is rewarded in marketplace, and suggests that gender disparity in mortgage rates may be addressed by policies aimed at improving women's financial literacy and search skills. Springer Science+Business Media, LLC, 2009 Mortgage nationallicence Gender discrimination nationallicence Borrower behavior nationallicence Interest rates nationallicence Cheng Ping Department of Finance, Florida Atlantic University, 777 Glades Road, 33431, Boca Raton, FL, USA aut Lin Zhenguo Department of Finance and Economics, Mississippi State University, 39762, Mississippi State, MS, USA aut Liu Yingchun Department of Finance, Texas Tech University, 79409, Lubbock, TX, USA aut The Journal of Real Estate Finance and Economics Springer US; http://www.springer-ny.com 43/4(2011-11-01), 423-440 0895-5638 43:4<423 2011 43 11146 https://doi.org/10.1007/s11146-009-9214-y text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s11146-009-9214-y text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Cheng Ping Department of Finance, Florida Atlantic University, 777 Glades Road, 33431, Boca Raton, FL, USA aut NATIONALLICENCE 700 1- Lin Zhenguo Department of Finance and Economics, Mississippi State University, 39762, Mississippi State, MS, USA aut NATIONALLICENCE 700 1- Liu Yingchun Department of Finance, Texas Tech University, 79409, Lubbock, TX, USA aut NATIONALLICENCE 773 0- The Journal of Real Estate Finance and Economics Springer US; http://www.springer-ny.com 43/4(2011-11-01), 423-440 0895-5638 43:4<423 2011 43 11146 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer