<?xml version="1.0" encoding="UTF-8"?><marc:collection xmlns:marc="http://www.loc.gov/MARC21/slim">
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    <marc:controlfield tag="001">9.857805</marc:controlfield>
    <marc:controlfield tag="003">CaOODSP</marc:controlfield>
    <marc:controlfield tag="005">20250821075109</marc:controlfield>
    <marc:controlfield tag="007">cr |||||||||||</marc:controlfield>
    <marc:controlfield tag="008">180615s2018    onc     ob   f000 0 eng d</marc:controlfield>
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      <marc:subfield code="a">eng</marc:subfield>
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      <marc:subfield code="a">FB3-7/2018-18E-PDF</marc:subfield>
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      <marc:subfield code="a">Bilyk, Olga.</marc:subfield>
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    <marc:datafield tag="245" ind1="1" ind2="0">
      <marc:subfield code="a">Interest rate and renewal risk for mortgages </marc:subfield>
      <marc:subfield code="h">[electronic resource] / </marc:subfield>
      <marc:subfield code="c">by Olga Bilyk, Cameron MacDonald and Brian Peterson.</marc:subfield>
    </marc:datafield>
    <marc:datafield tag="260" ind1=" " ind2=" ">
      <marc:subfield code="a">[Ottawa] : </marc:subfield>
      <marc:subfield code="b">Bank of Canada, </marc:subfield>
      <marc:subfield code="c">c2018.</marc:subfield>
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      <marc:subfield code="a">ii, 3 p.</marc:subfield>
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      <marc:subfield code="a">Staff analytical note = Note analytique du personnel, </marc:subfield>
      <marc:subfield code="x">2369-9639 ; </marc:subfield>
      <marc:subfield code="v">2018-18</marc:subfield>
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      <marc:subfield code="a">Cover title.</marc:subfield>
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      <marc:subfield code="a">Includes bibliographical references.</marc:subfield>
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      <marc:subfield code="a">"In this note, we explore two types of risk faced by holders of mortgages and home equity lines of credit (HELOCs) in the context of rising interest rates: interest rate risk and renewal risk. We estimate that roughly 53 per cent of outstanding mortgages and HELOCs will face interest rate risk in 2018. However, only about 26 per cent of outstanding mortgages will be renewed in 2018"--Abstract, p. ii.</marc:subfield>
    </marc:datafield>
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      <marc:subfield code="a">Includes abstract in French.</marc:subfield>
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      <marc:subfield code="a">Mortgage loans</marc:subfield>
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      <marc:subfield code="a">Home equity loans</marc:subfield>
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      <marc:subfield code="a">Interest rate risk</marc:subfield>
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      <marc:subfield code="a">MacDonald, Cameron.</marc:subfield>
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      <marc:subfield code="a">Peterson, Brian M.</marc:subfield>
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      <marc:subfield code="a">Bank of Canada.</marc:subfield>
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      <marc:subfield code="a">Staff analytical note (Bank of Canada)</marc:subfield>
      <marc:subfield code="x">2369-9639 ; </marc:subfield>
      <marc:subfield code="v">2018-18.</marc:subfield>
      <marc:subfield code="w">(CaOODSP)9.807323</marc:subfield>
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      <marc:subfield code="q">PDF</marc:subfield>
      <marc:subfield code="s">356 KB</marc:subfield>
      <marc:subfield code="u">https://publications.gc.ca/collections/collection_2018/banque-bank-canada/FB3-7-2018-18-eng.pdf</marc:subfield>
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