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Interest rate and renewal risk for mortgages / by Olga Bilyk, Cameron MacDonald and Brian Peterson.FB3-7/2018-18E-PDF

"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.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.857805&sl=0

Publication information
Department/Agency
  • Bank of Canada.
TitleInterest rate and renewal risk for mortgages / by Olga Bilyk, Cameron MacDonald and Brian Peterson.
Series title
  • Staff analytical note = Note analytique du personnel, 2369-9639 ; 2018-18
Publication typeMonograph - View Master Record
Language[English]
FormatDigital text
Electronic document
Note(s)
  • Cover title.
  • Includes bibliographical references.
  • Includes abstract in French.
Publishing information
  • [Ottawa] : Bank of Canada, c2018.
Author / Contributor
  • Bilyk, Olga.
  • MacDonald, Cameron.
  • Peterson, Brian M.
Descriptionii, 3 p.
Catalogue number
  • FB3-7/2018-18E-PDF
Subject terms
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