Mortgage options and mortgage rate insurance / study prepared for Canada Mortgage and Housing Corporation by George W. Gau and Dennis R. Capozza.: NH17-362/1983E-PDF

"Since the late 1970s borrowers and lenders in Canadian mortgage markets have experienced a financial environment characterized by highly volatile interest rates. During the period of October 1979 to September 1982 interest rates on five-year, conventional mortgages rose from 13.51 to 21.5% (September 1981) and then fell back to the 15% level, a standard deviation of monthly rates of 2.6% for the period. Such interest rate volatility increases the risk of residential mortgages by causing the borrowing costs of debt to be unpredictable"--Page 1.

Permanent link to this Catalogue record:
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Publication information
Department/Agency Canada Mortgage and Housing Corporation, issuing body.
Title Mortgage options and mortgage rate insurance / study prepared for Canada Mortgage and Housing Corporation by George W. Gau and Dennis R. Capozza.
Publication type Monograph
Language [English]
Format Electronic
Electronic document
Note(s) Digitized edition from print [produced by Canada Mortgage and Housing Corporation].
Includes bibliographical references.
Publishing information [Ottawa, Ont.] : Canada Mortgage and Housing Corporation, January 1983.
Author / Contributor Gau, George W., author.
Description 1 online resource (36 pages)
Catalogue number
  • NH17-362/1983E-PDF
Subject terms Mortgage guarantee insurance -- Canada.
Mortgages -- Canada.
Assurance-hypothèque -- Canada.
Hypothèques -- Canada.
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