The effectiveness of pre-purchase homeownership counseling: Evidence from a randomized study
MetadataShow full item record
Homeownership education and counseling have never been rigorously evaluated through a randomized field experiment. This is a five-year study that addresses this shortcoming. The study is structured to respond to the concerns raised about previous efforts. We employ an . experimental design, with study participants randomly assigned to a control or a treatment group. Participants completed a baseline survey and were tracked for four years after receiving initial assistance by means of an annual survey, which also tracks participants' life changes over time. To assist in the analysis, additional information in the form of credit reports and credit scores was obtained annually to track changes in the participants' creditworthiness. Also, certain safeguards were implemented to ensure consistency of the counseling. The study considers the influence of counseling on credit scores, total debt, and delinquencies in payments. We find that those in the treatment group benefit more relative to control participants. Moreover, both treatment participants with one-on-one counseling and control participants who became homeowners tended to pay their mortgages in a timely manner overall.
Showing items related by title, author, creator and subject.
Reed, Maree (2012)‘Promoting resilience in mothers’ emotions’ (PRIME) was a large, team-based NHMRC funded randomised control trial (RCT) aimed at determining the effectiveness of a midwife-led counselling intervention in minimising ...
Australian midwives' experience of delivering a counselling intervention for women reporting a traumatic birthReed, Maree; Fenwick, Jen; Hauck, Yvonne; Gamble, Jenny; Creedy, Debra (2014)Objective: this paper describes midwives' experiences of learning new counselling skills and delivering a counselling intervention entitled ‘Promoting Resilience on Mothers Emotions’ (PRIME). Design: a descriptive exploratory ...
A qualitative study of community pharmacists' opinions on the provision of osteoporosis disease state management services in MalaysiaNik, J.; Lai, P.; Ng, C.; Emmerton, Lynne (2016)© 2016 The Author(s). Background: Osteoporosis has significant impact on healthcare costs and quality of life. Amongst the models for collaborative disease state management services published internationally, there is ...