Refinancing Incentive
From Open Risk Manual
Revision as of 14:15, 1 December 2022 by Wiki admin (talk | contribs) (Created page with "== Definition == '''Refinancing Incentive''' is the economic incentive of a Borrower to Refinance an existing borrowing with a new contract. The refinancing incentive...")
Definition
Refinancing Incentive is the economic incentive of a Borrower to Refinance an existing borrowing with a new contract. The refinancing incentive is a key driver of Prepayment Risk
