May 27, 2020 Here’s what determines the interest rate on your mortgage—and why that rate can go up and down.
The Economy, Plain and Simple
Financial System Review Article
November 28, 2017 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.