How will mortgage payments change at renewal? An updated analysis

Claudia Godbout, Yang Xu and Adam Su

No 2025-21, Staff Analytical Notes from Bank of Canada

Abstract: We update an assessment of potential changes in payments that mortgage holders could face at renewal in 2025 and 2026. We use an enhanced dataset (RESL2) that provides a more accurate starting point for mortgage balances.

Keywords: Credit and credit aggregates; Financial institutions; Financial stability; Housing; Interest rates; Recent economic and financial developments (search for similar items in EconPapers)
JEL-codes: D12 D14 G21 G28 R20 (search for similar items in EconPapers)
Date: 2025-07
New Economics Papers: this item is included in nep-inv
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.34989/san-2025-21 Full text (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bca:bocsan:25-21

Access Statistics for this paper

More papers in Staff Analytical Notes from Bank of Canada 234 Wellington Street, Ottawa, Ontario, K1A 0G9, Canada. Contact information at EDIRC.
Bibliographic data for series maintained by ().