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 | Canada Mortgage and Housing Corporation, issuing body. |
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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 | 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 |
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Subject terms | Mortgage guarantee insurance -- Canada. Mortgages -- Canada. Assurance-hypothèque -- Canada. Hypothèques -- Canada. |