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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| Department/Agency |
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| 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 | Digital text |
| Electronic document | |
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| Publishing information |
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| Author / Contributor |
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| Description | 1 online resource (36 pages) |
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