{
    "terms": {
        "url": "https://www.bankofcanada.ca/terms/"
    },
    "groupDetail": {
        "label": "The average payment increase for mortgages renewing in 2025–26 will be smaller than was anticipated last year",
        "description": "Average change in mortgage payments at renewal (in percent, compared with December 2023 payments)\n\nThe mortgage interest rates used in calculations for 2025 are based on market expectations for interest rates as at April 28, 2025. The mortgage interest rates used in calculations for 2024 are based on market expectations for interest rates as at April 25, 2024.\n\nRegulatory filings of Canadian banks and Bank of Canada calculations",
        "link": "https://www.bankofcanada.ca/?p=245718"
    },
    "seriesDetail": {
        "FSR_2025_C2_S01": {
            "label": "2024 Report—All mortgages",
            "description": "",
            "dimension": {
                "key": "k",
                "name": "Category"
            }
        },
        "FSR_2025_C2_S02": {
            "label": "2025 Report—All mortgages",
            "description": "",
            "dimension": {
                "key": "k",
                "name": "Category"
            }
        },
        "FSR_2025_C2_S03": {
            "label": "2024 Report—Variable-rate mortgages with variable payments",
            "description": "",
            "dimension": {
                "key": "k",
                "name": "Category"
            }
        },
        "FSR_2025_C2_S04": {
            "label": "2025 Report—Variable-rate mortgages with variable payments",
            "description": "",
            "dimension": {
                "key": "k",
                "name": "Category"
            }
        },
        "FSR_2025_C2_S05": {
            "label": "2024 Report—Variable-rate mortgages with fixed payments",
            "description": "",
            "dimension": {
                "key": "k",
                "name": "Category"
            }
        },
        "FSR_2025_C2_S06": {
            "label": "2025 Report—Variable-rate mortgages with fixed payments",
            "description": "",
            "dimension": {
                "key": "k",
                "name": "Category"
            }
        },
        "FSR_2025_C2_S07": {
            "label": "2024 Report—Fixed-rate mortgages with a term of less than 5 years",
            "description": "",
            "dimension": {
                "key": "k",
                "name": "Category"
            }
        },
        "FSR_2025_C2_S08": {
            "label": "2025 Report—Fixed-rate mortgages with a term of less than 5 years",
            "description": "",
            "dimension": {
                "key": "k",
                "name": "Category"
            }
        },
        "FSR_2025_C2_S09": {
            "label": "2024 Report—Fixed-rate mortgages with a term of 5 years or more",
            "description": "",
            "dimension": {
                "key": "k",
                "name": "Category"
            }
        },
        "FSR_2025_C2_S10": {
            "label": "2025 Report—Fixed-rate mortgages with a term of 5 years or more",
            "description": "",
            "dimension": {
                "key": "k",
                "name": "Category"
            }
        }
    },
    "observations": [
        {
            "k": "Second half of 2024",
            "FSR_2025_C2_S01": {
                "v": "15.3"
            },
            "FSR_2025_C2_S02": {
                "v": "10.4"
            },
            "FSR_2025_C2_S03": {
                "v": "-1.4"
            },
            "FSR_2025_C2_S04": {
                "v": "-5.8"
            },
            "FSR_2025_C2_S05": {
                "v": "17.0"
            },
            "FSR_2025_C2_S06": {
                "v": "10.4"
            },
            "FSR_2025_C2_S07": {
                "v": "11.9"
            },
            "FSR_2025_C2_S08": {
                "v": "7.0"
            },
            "FSR_2025_C2_S09": {
                "v": "19.0"
            },
            "FSR_2025_C2_S10": {
                "v": "14.3"
            }
        },
        {
            "k": "2025",
            "FSR_2025_C2_S01": {
                "v": "14.3"
            },
            "FSR_2025_C2_S02": {
                "v": "8.2"
            },
            "FSR_2025_C2_S03": {
                "v": "-5.1"
            },
            "FSR_2025_C2_S04": {
                "v": "-15.6"
            },
            "FSR_2025_C2_S05": {
                "v": "19.1"
            },
            "FSR_2025_C2_S06": {
                "v": "3.5"
            },
            "FSR_2025_C2_S07": {
                "v": "6.5"
            },
            "FSR_2025_C2_S08": {
                "v": "2.6"
            },
            "FSR_2025_C2_S09": {
                "v": "21.4"
            },
            "FSR_2025_C2_S10": {
                "v": "14.9"
            }
        },
        {
            "k": "2026",
            "FSR_2025_C2_S01": {
                "v": "11.3"
            },
            "FSR_2025_C2_S02": {
                "v": "5.2"
            },
            "FSR_2025_C2_S03": {
                "v": "-8.1"
            },
            "FSR_2025_C2_S04": {
                "v": "-18.8"
            },
            "FSR_2025_C2_S05": {
                "v": "25.9"
            },
            "FSR_2025_C2_S06": {
                "v": "7.6"
            },
            "FSR_2025_C2_S07": {
                "v": "-1.2"
            },
            "FSR_2025_C2_S08": {
                "v": "-2.6"
            },
            "FSR_2025_C2_S09": {
                "v": "24.9"
            },
            "FSR_2025_C2_S10": {
                "v": "19.1"
            }
        }
    ]
}