Staff analytical notes
Can the characteristics of new mortgages predict borrowers’ financial stress? Insights from the 2014 oil price declineWe study the relationship between characteristics of new mortgages and borrowers’ financial stress in Canada’s energy-intensive regions following the 2014 collapse in oil prices. We find that borrowers with limited home equity were more likely to have difficulty repaying debt.
The Economy, Plain and Simple
May 27, 2020
What’s behind your mortgage rateHere’s what determines the interest rate on your mortgage—and why that rate can go up and down.
Financial System Review articles
November 28, 2017