Show all

Bank Publications

The Economy, Plain and Simple

See More

Financial System Review articles

November 28, 2017

Analysis of Household Vulnerabilities Using Loan-Level Mortgage Data

This report examines detailed data on home mortgages to provide a better understanding of the vulnerabilities associated with the mortgage market. The proportion of low-ratio mortgages is growing, particularly in regions with strong house price growth. Moreover, these borrowers exhibit less flexibility to adverse shocks, since they have high debt levels relative to income and have taken mortgages with long amortization periods.

See More