<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>About half of all variable-rate mortgages with fixed payments reached their trigger rate by October 2022</label>
    <description><![CDATA[Cumulative share of variable-rate, fixed-payment mortgages that reach their trigger rate at various interest rates, by year of origination or renewal

Calculations include variable-rate, fixed-payment mortgages that originated or were renewed at federally regulated financial institutions. The sample includes only mortgages that have not yet reached the end of their contractual loan term. To determine whether a mortgage has reached its trigger rate at current interest rates, we update the initial interest rate to October 2022 by applying changes in the prime lending rate.

Regulatory filings of Canadian banks and Bank of Canada calculations]]></description>
    <link>https://www.bankofcanada.ca/?p=229213</link>
</groupDetail>
<seriesDetail>
<series id="SAN_MURC20221110_C2_S1">
<label>x</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="SAN_MURC20221110_C2_S2">
<label>Originated or renewed before 2020</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="SAN_MURC20221110_C2_S3">
<label>Originated or renewed in 2020</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="SAN_MURC20221110_C2_S4">
<label>Originated or renewed in 2021</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="SAN_MURC20221110_C2_S5">
<label>Originated or renewed in 2022</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="SAN_MURC20221110_C2_S6">
<label>All variable-rate mortgages with fixed payments</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
</seriesDetail>
<observations>
<o k="1"><v s="SAN_MURC20221110_C2_S1">2.1</v><v s="SAN_MURC20221110_C2_S2">0.0</v><v s="SAN_MURC20221110_C2_S3">0.0</v><v s="SAN_MURC20221110_C2_S4">0.0</v><v s="SAN_MURC20221110_C2_S5">0.0</v><v s="SAN_MURC20221110_C2_S6">0.0</v></o>
<o k="2"><v s="SAN_MURC20221110_C2_S1">2.4</v><v s="SAN_MURC20221110_C2_S2">0.0</v><v s="SAN_MURC20221110_C2_S3">0.0</v><v s="SAN_MURC20221110_C2_S4">0.0</v><v s="SAN_MURC20221110_C2_S5">0.0</v><v s="SAN_MURC20221110_C2_S6">0.0</v></o>
<o k="3"><v s="SAN_MURC20221110_C2_S1">2.6</v><v s="SAN_MURC20221110_C2_S2">0.0</v><v s="SAN_MURC20221110_C2_S3">0.0</v><v s="SAN_MURC20221110_C2_S4">0.0</v><v s="SAN_MURC20221110_C2_S5">0.0</v><v s="SAN_MURC20221110_C2_S6">0.0</v></o>
<o k="4"><v s="SAN_MURC20221110_C2_S1">2.9</v><v s="SAN_MURC20221110_C2_S2">0.0</v><v s="SAN_MURC20221110_C2_S3">0.0</v><v s="SAN_MURC20221110_C2_S4">0.0</v><v s="SAN_MURC20221110_C2_S5">0.0</v><v s="SAN_MURC20221110_C2_S6">0.0</v></o>
<o k="5"><v s="SAN_MURC20221110_C2_S1">3.1</v><v s="SAN_MURC20221110_C2_S2">0.0</v><v s="SAN_MURC20221110_C2_S3">0.1</v><v s="SAN_MURC20221110_C2_S4">0.1</v><v s="SAN_MURC20221110_C2_S5">0.0</v><v s="SAN_MURC20221110_C2_S6">0.0</v></o>
<o k="6"><v s="SAN_MURC20221110_C2_S1">3.4</v><v s="SAN_MURC20221110_C2_S2">0.0</v><v s="SAN_MURC20221110_C2_S3">0.3</v><v s="SAN_MURC20221110_C2_S4">0.4</v><v s="SAN_MURC20221110_C2_S5">0.0</v><v s="SAN_MURC20221110_C2_S6">0.2</v></o>
<o k="7"><v s="SAN_MURC20221110_C2_S1">3.6</v><v s="SAN_MURC20221110_C2_S2">0.0</v><v s="SAN_MURC20221110_C2_S3">1.2</v><v s="SAN_MURC20221110_C2_S4">2.6</v><v s="SAN_MURC20221110_C2_S5">0.1</v><v s="SAN_MURC20221110_C2_S6">1.1</v></o>
<o k="8"><v s="SAN_MURC20221110_C2_S1">3.9</v><v s="SAN_MURC20221110_C2_S2">0.1</v><v s="SAN_MURC20221110_C2_S3">2.9</v><v s="SAN_MURC20221110_C2_S4">3.3</v><v s="SAN_MURC20221110_C2_S5">0.2</v><v s="SAN_MURC20221110_C2_S6">1.7</v></o>
<o k="9"><v s="SAN_MURC20221110_C2_S1">4.1</v><v s="SAN_MURC20221110_C2_S2">0.4</v><v s="SAN_MURC20221110_C2_S3">15.9</v><v s="SAN_MURC20221110_C2_S4">5.9</v><v s="SAN_MURC20221110_C2_S5">0.7</v><v s="SAN_MURC20221110_C2_S6">5.3</v></o>
<o k="10"><v s="SAN_MURC20221110_C2_S1">4.4</v><v s="SAN_MURC20221110_C2_S2">1.2</v><v s="SAN_MURC20221110_C2_S3">27.7</v><v s="SAN_MURC20221110_C2_S4">31.7</v><v s="SAN_MURC20221110_C2_S5">10.1</v><v s="SAN_MURC20221110_C2_S6">18.3</v></o>
<o k="11"><v s="SAN_MURC20221110_C2_S1">4.6</v><v s="SAN_MURC20221110_C2_S2">4.0</v><v s="SAN_MURC20221110_C2_S3">34.7</v><v s="SAN_MURC20221110_C2_S4">40.2</v><v s="SAN_MURC20221110_C2_S5">20.9</v><v s="SAN_MURC20221110_C2_S6">25.6</v></o>
<o k="12"><v s="SAN_MURC20221110_C2_S1">4.9</v><v s="SAN_MURC20221110_C2_S2">11.4</v><v s="SAN_MURC20221110_C2_S3">50.4</v><v s="SAN_MURC20221110_C2_S4">44.3</v><v s="SAN_MURC20221110_C2_S5">30.1</v><v s="SAN_MURC20221110_C2_S6">33.9</v></o>
<o k="13"><v s="SAN_MURC20221110_C2_S1">5.1</v><v s="SAN_MURC20221110_C2_S2">24.6</v><v s="SAN_MURC20221110_C2_S3">58.4</v><v s="SAN_MURC20221110_C2_S4">70.3</v><v s="SAN_MURC20221110_C2_S5">45.5</v><v s="SAN_MURC20221110_C2_S6">50.8</v></o>
<o k="14"><v s="SAN_MURC20221110_C2_S1">5.4</v><v s="SAN_MURC20221110_C2_S2">34.0</v><v s="SAN_MURC20221110_C2_S3">64.7</v><v s="SAN_MURC20221110_C2_S4">74.0</v><v s="SAN_MURC20221110_C2_S5">54.0</v><v s="SAN_MURC20221110_C2_S6">57.5</v></o>
<o k="15"><v s="SAN_MURC20221110_C2_S1">5.6</v><v s="SAN_MURC20221110_C2_S2">48.4</v><v s="SAN_MURC20221110_C2_S3">68.9</v><v s="SAN_MURC20221110_C2_S4">78.1</v><v s="SAN_MURC20221110_C2_S5">66.9</v><v s="SAN_MURC20221110_C2_S6">66.2</v></o>
<o k="16"><v s="SAN_MURC20221110_C2_S1">5.9</v><v s="SAN_MURC20221110_C2_S2">62.7</v><v s="SAN_MURC20221110_C2_S3">73.5</v><v s="SAN_MURC20221110_C2_S4">80.3</v><v s="SAN_MURC20221110_C2_S5">72.7</v><v s="SAN_MURC20221110_C2_S6">72.8</v></o>
<o k="17"><v s="SAN_MURC20221110_C2_S1">6.1</v><v s="SAN_MURC20221110_C2_S2">69.0</v><v s="SAN_MURC20221110_C2_S3">76.7</v><v s="SAN_MURC20221110_C2_S4">83.2</v><v s="SAN_MURC20221110_C2_S5">76.4</v><v s="SAN_MURC20221110_C2_S6">76.8</v></o>
<o k="18"><v s="SAN_MURC20221110_C2_S1">6.4</v><v s="SAN_MURC20221110_C2_S2">73.6</v><v s="SAN_MURC20221110_C2_S3">79.1</v><v s="SAN_MURC20221110_C2_S4">84.9</v><v s="SAN_MURC20221110_C2_S5">82.3</v><v s="SAN_MURC20221110_C2_S6">80.3</v></o>
<o k="19"><v s="SAN_MURC20221110_C2_S1">6.6</v><v s="SAN_MURC20221110_C2_S2">76.9</v><v s="SAN_MURC20221110_C2_S3">81.2</v><v s="SAN_MURC20221110_C2_S4">86.5</v><v s="SAN_MURC20221110_C2_S5">84.7</v><v s="SAN_MURC20221110_C2_S6">82.6</v></o>
<o k="20"><v s="SAN_MURC20221110_C2_S1">6.9</v><v s="SAN_MURC20221110_C2_S2">79.8</v><v s="SAN_MURC20221110_C2_S3">83.0</v><v s="SAN_MURC20221110_C2_S4">87.8</v><v s="SAN_MURC20221110_C2_S5">86.8</v><v s="SAN_MURC20221110_C2_S6">84.6</v></o>
<o k="21"><v s="SAN_MURC20221110_C2_S1">7.1</v><v s="SAN_MURC20221110_C2_S2">81.8</v><v s="SAN_MURC20221110_C2_S3">84.5</v><v s="SAN_MURC20221110_C2_S4">88.8</v><v s="SAN_MURC20221110_C2_S5">88.6</v><v s="SAN_MURC20221110_C2_S6">86.1</v></o>
<o k="22"><v s="SAN_MURC20221110_C2_S1">7.4</v><v s="SAN_MURC20221110_C2_S2">83.6</v><v s="SAN_MURC20221110_C2_S3">85.8</v><v s="SAN_MURC20221110_C2_S4">89.8</v><v s="SAN_MURC20221110_C2_S5">90.0</v><v s="SAN_MURC20221110_C2_S6">87.5</v></o>
<o k="23"><v s="SAN_MURC20221110_C2_S1">7.6</v><v s="SAN_MURC20221110_C2_S2">85.0</v><v s="SAN_MURC20221110_C2_S3">87.1</v><v s="SAN_MURC20221110_C2_S4">90.6</v><v s="SAN_MURC20221110_C2_S5">91.0</v><v s="SAN_MURC20221110_C2_S6">88.6</v></o>
<o k="24"><v s="SAN_MURC20221110_C2_S1">7.9</v><v s="SAN_MURC20221110_C2_S2">86.1</v><v s="SAN_MURC20221110_C2_S3">88.0</v><v s="SAN_MURC20221110_C2_S4">91.7</v><v s="SAN_MURC20221110_C2_S5">92.1</v><v s="SAN_MURC20221110_C2_S6">89.6</v></o>
<o k="25"><v s="SAN_MURC20221110_C2_S1">8.1</v><v s="SAN_MURC20221110_C2_S2">87.0</v><v s="SAN_MURC20221110_C2_S3">88.7</v><v s="SAN_MURC20221110_C2_S4">92.2</v><v s="SAN_MURC20221110_C2_S5">92.9</v><v s="SAN_MURC20221110_C2_S6">90.4</v></o>
</observations>
</data>