Plz find attached this file. It is an essay for Financial Mathematics
Is in an essay for Financial Mathematics, sets out with a study of different scenarios for the development of interest rates since the mortgage market and financial markets are generally driven by interest rates.
The aim of this essay is to compare the schedule for mortgages and rent payments. Indeed, this paper will compare the development of fixed rate versus tracker rate mortgages and the effect of inflation on property prices and rent. Furthermore, it will examine the cost-benefit analysis of whether to buy or to rent a property using real data. The software used for the basis of computation is EXCEL and matlab .