<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>The share of mortgages going to highly indebted households has stabilized at a lower level</label>
    <description><![CDATA[Share of new mortgages with a loan-to-income greater than 450 per cent

Notes: Data include purchases and refinances originated by federally regulated financial institutions. High-ratio mortgages have a loan-to-value ratio greater than 80 per cent and must be insured. Low-ratio mortgages have a loan-to-value ratio of 80 per cent or less. B-20 is the mortgage underwriting guideline for federally regulated lenders.

Sources: Department of Finance Canada, regulatory filings of Canadian banks and Bank of Canada calculations

Last observation: 2018Q4]]></description>
    <link>https://www.bankofcanada.ca/?p=205094</link>
</groupDetail>
<seriesDetail>
<series id="FSR_2019_C5_S00">
<label>High-ratio mortgages</label>
<description>%</description>
<dimension key="d" name="Date"/>
</series>
<series id="FSR_2019_C5_S01">
<label>Low-ratio mortgages</label>
<description>%</description>
<dimension key="d" name="Date"/>
</series>
<series id="FSR_2019_C5_S02">
<label>Total mortgages</label>
<description>%</description>
<dimension key="d" name="Date"/>
</series>
</seriesDetail>
<observations>
<o d="2014-03-31"><v s="FSR_2019_C5_S02">12.72</v><v s="FSR_2019_C5_S00">11.67</v><v s="FSR_2019_C5_S01">12.96</v></o>
<o d="2014-06-30"><v s="FSR_2019_C5_S00">12.11</v><v s="FSR_2019_C5_S01">12.60</v><v s="FSR_2019_C5_S02">12.50</v></o>
<o d="2014-09-30"><v s="FSR_2019_C5_S01">13.86</v><v s="FSR_2019_C5_S00">14.90</v><v s="FSR_2019_C5_S02">14.09</v></o>
<o d="2014-12-31"><v s="FSR_2019_C5_S00">15.64</v><v s="FSR_2019_C5_S01">14.16</v><v s="FSR_2019_C5_S02">14.47</v></o>
<o d="2015-03-31"><v s="FSR_2019_C5_S00">16.06</v><v s="FSR_2019_C5_S01">14.46</v><v s="FSR_2019_C5_S02">14.73</v></o>
<o d="2015-06-30"><v s="FSR_2019_C5_S01">16.08</v><v s="FSR_2019_C5_S00">15.97</v><v s="FSR_2019_C5_S02">16.06</v></o>
<o d="2015-09-30"><v s="FSR_2019_C5_S02">17.76</v><v s="FSR_2019_C5_S01">17.46</v><v s="FSR_2019_C5_S00">18.89</v></o>
<o d="2015-12-31"><v s="FSR_2019_C5_S00">19.11</v><v s="FSR_2019_C5_S01">17.31</v><v s="FSR_2019_C5_S02">17.67</v></o>
<o d="2016-03-31"><v s="FSR_2019_C5_S02">17.67</v><v s="FSR_2019_C5_S01">17.46</v><v s="FSR_2019_C5_S00">18.86</v></o>
<o d="2016-06-30"><v s="FSR_2019_C5_S02">17.49</v><v s="FSR_2019_C5_S00">17.31</v><v s="FSR_2019_C5_S01">17.53</v></o>
<o d="2016-09-30"><v s="FSR_2019_C5_S02">19.35</v><v s="FSR_2019_C5_S01">19.01</v><v s="FSR_2019_C5_S00">20.77</v></o>
<o d="2016-12-31"><v s="FSR_2019_C5_S02">19.23</v><v s="FSR_2019_C5_S00">20.01</v><v s="FSR_2019_C5_S01">19.06</v></o>
<o d="2017-03-31"><v s="FSR_2019_C5_S02">19.00</v><v s="FSR_2019_C5_S00">13.09</v><v s="FSR_2019_C5_S01">19.88</v></o>
<o d="2017-06-30"><v s="FSR_2019_C5_S01">19.82</v><v s="FSR_2019_C5_S02">18.33</v><v s="FSR_2019_C5_S00">9.90</v></o>
<o d="2017-09-30"><v s="FSR_2019_C5_S00">10.38</v><v s="FSR_2019_C5_S02">18.86</v><v s="FSR_2019_C5_S01">20.43</v></o>
<o d="2017-12-31"><v s="FSR_2019_C5_S00">9.85</v><v s="FSR_2019_C5_S01">19.67</v><v s="FSR_2019_C5_S02">18.20</v></o>
<o d="2018-03-31"><v s="FSR_2019_C5_S00">9.35</v><v s="FSR_2019_C5_S01">17.93</v><v s="FSR_2019_C5_S02">16.85</v></o>
<o d="2018-06-30"><v s="FSR_2019_C5_S00">6.21</v><v s="FSR_2019_C5_S01">14.11</v><v s="FSR_2019_C5_S02">12.70</v></o>
<o d="2018-09-30"><v s="FSR_2019_C5_S00">5.98</v><v s="FSR_2019_C5_S01">15.02</v><v s="FSR_2019_C5_S02">13.50</v></o>
<o d="2018-12-31"><v s="FSR_2019_C5_S00">6.16</v><v s="FSR_2019_C5_S01">14.60</v><v s="FSR_2019_C5_S02">13.24</v></o>
</observations>
</data>