<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Chart 8: Holders of fixed-payment mortgages with terms of five years or more will see large payment increases at renewal over the next 12 months</label>
    <description><![CDATA[Average change in mortgage payments at renewal (in percent, compared with December 2025 payments) and share of mortgage accounts, by mortgage term and payment type

Note: The mortgage interest rates used in calculations are based on market expectations for interest rates as at May 19, 2026.

Sources: Regulatory filings of Canadian banks and Bank of Canada calculations]]></description>
    <link>https://www.bankofcanada.ca/?p=253365</link>
</groupDetail>
<seriesDetail>
<series id="FSR_2026_C8_S1">
<label>Payment change</label>
<description>Payment change</description>
<dimension key="k" name="Category"/>
</series>
<series id="FSR_2026_C8_S2">
<label>Share of mortgage accounts</label>
<description>Share of mortgage accounts</description>
<dimension key="k" name="Category"/>
</series>
</seriesDetail>
<observations>
<o k="Mortgages renewing with fixed payments for 5 years or more|2026H2 and 2027H1"><v s="FSR_2026_C8_S1">15.20</v><v s="FSR_2026_C8_S2">12.40</v></o>
<o k="Mortgages renewing with fixed payments for 5 years or more|2027H2"><v s="FSR_2026_C8_S1">5.80</v><v s="FSR_2026_C8_S2">4.10</v></o>
<o k="Mortgages renewing with fixed payments for less than 5 years or with variable payments|2026H2 and 2027H1"><v s="FSR_2026_C8_S1">-0.04</v><v s="FSR_2026_C8_S2">14.40</v></o>
<o k="Mortgages renewing with fixed payments for less than 5 years or with variable payments|2027H2"><v s="FSR_2026_C8_S1">1.20</v><v s="FSR_2026_C8_S2">10.20</v></o>
</observations>
</data>