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008180615s2018    onc     ob   f000 0 eng d
040 |aCaOODSP|beng
041 |aeng|bfre
043 |an-cn---
0861 |aFB3-7/2018-18E-PDF
1001 |aBilyk, Olga.
24510|aInterest rate and renewal risk for mortgages |h[electronic resource] / |cby Olga Bilyk, Cameron MacDonald and Brian Peterson.
260 |a[Ottawa] : |bBank of Canada, |cc2018.
300 |aii, 3 p.
4901 |aStaff analytical note = Note analytique du personnel, |x2369-9639 ; |v2018-18
500 |aCover title.
504 |aIncludes bibliographical references.
5203 |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.
546 |aIncludes abstract in French.
693 4|aMortgage loans
693 4|aHome equity loans
693 4|aInterest rate risk
7001 |aMacDonald, Cameron.
7001 |aPeterson, Brian M.
7102 |aBank of Canada.
830#0|aStaff analytical note (Bank of Canada)|x2369-9639 ; |v2018-18.|w(CaOODSP)9.807323
85640|qPDF|s356 KB|uhttps://publications.gc.ca/collections/collection_2018/banque-bank-canada/FB3-7-2018-18-eng.pdf