{
    "terms": {
        "url": "https://www.bankofcanada.ca/terms/"
    },
    "groupDetail": {
        "label": "Mortgages renewing over the coming years will see gradually larger payment increases",
        "description": "Median percentage increase in mortgage payment at renewal compared at origination\n\nThe mortgage rates used to calculate results are based on market expectations as at April 25, 2024. Increases are estimated on the stock of mortgages outstanding in February 2022.\n\nRegulatory filings of Canadian banks and Bank of Canada calculations",
        "link": "https://www.bankofcanada.ca/?p=238471"
    },
    "seriesDetail": {
        "FSR_2024_C3_S1": {
            "label": "All mortgages",
            "description": "",
            "dimension": {
                "key": "d",
                "name": "Date"
            }
        },
        "FSR_2024_C3_S2": {
            "label": "Variable-rate mortgages with variable payments",
            "description": "",
            "dimension": {
                "key": "d",
                "name": "Date"
            }
        },
        "FSR_2024_C3_S3": {
            "label": "Variable-rate mortgages with fixed payments",
            "description": "",
            "dimension": {
                "key": "d",
                "name": "Date"
            }
        },
        "FSR_2024_C3_S4": {
            "label": "Fixed-rate mortgages with a term of less than 5 years",
            "description": "",
            "dimension": {
                "key": "d",
                "name": "Date"
            }
        },
        "FSR_2024_C3_S5": {
            "label": "Fixed-rate mortgages with a term of 5 years or more",
            "description": "",
            "dimension": {
                "key": "d",
                "name": "Date"
            }
        }
    },
    "observations": [
        {
            "d": "2022-12-31",
            "FSR_2024_C3_S5": {
                "v": "11.86"
            },
            "FSR_2024_C3_S2": {
                "v": "12.14"
            },
            "FSR_2024_C3_S4": {
                "v": "7.11"
            },
            "FSR_2024_C3_S3": {
                "v": "9.06"
            },
            "FSR_2024_C3_S1": {
                "v": "8.24"
            }
        },
        {
            "d": "2023-12-31",
            "FSR_2024_C3_S1": {
                "v": "21.43"
            },
            "FSR_2024_C3_S5": {
                "v": "15.34"
            },
            "FSR_2024_C3_S2": {
                "v": "48.96"
            },
            "FSR_2024_C3_S4": {
                "v": "22.57"
            },
            "FSR_2024_C3_S3": {
                "v": "34.39"
            }
        },
        {
            "d": "2024-12-31",
            "FSR_2024_C3_S3": {
                "v": "30.88"
            },
            "FSR_2024_C3_S5": {
                "v": "18.37"
            },
            "FSR_2024_C3_S4": {
                "v": "24.66"
            },
            "FSR_2024_C3_S2": {
                "v": "42.72"
            },
            "FSR_2024_C3_S1": {
                "v": "22.00"
            }
        },
        {
            "d": "2025-12-31",
            "FSR_2024_C3_S3": {
                "v": "52.22"
            },
            "FSR_2024_C3_S2": {
                "v": "40.52"
            },
            "FSR_2024_C3_S4": {
                "v": "23.23"
            },
            "FSR_2024_C3_S1": {
                "v": "24.88"
            },
            "FSR_2024_C3_S5": {
                "v": "22.55"
            }
        },
        {
            "d": "2026-12-31",
            "FSR_2024_C3_S3": {
                "v": "61.85"
            },
            "FSR_2024_C3_S2": {
                "v": "46.06"
            },
            "FSR_2024_C3_S4": {
                "v": "19.26"
            },
            "FSR_2024_C3_S1": {
                "v": "31.88"
            },
            "FSR_2024_C3_S5": {
                "v": "25.75"
            }
        }
    ]
}