Reassessing the growth of HELOCs in Canada using new regulatory data / by Leila Al-Mqbali, Olga Bilyk, Stefan Caputo and James Younker. : FB3-7/2019-14E-PDF

"Using new regulatory data on residential secured lending from Canadian banks, we assess the growth rate of home equity lines of credit (HELOCs). The new dataset is the first of its kind to provide information on individual components of combined mortgage-HELOC plans. These combined plans are an increasingly popular credit product. We find that the credit growth has been concentrated in the amortizing mortgage component of the combined plans rather than the non-amortizing HELOC component. In addition, the total outstanding balance of HELOCs has contracted over the past year, which is consistent with rising interest rates and a slowdown in the growth of household consumption"--Abstract, page ii.

Lien permanent pour cette publication :
publications.gc.ca/pub?id=9.872980&sl=1

Renseignements sur la publication
Ministère/Organisme Bank of Canada.
Titre Reassessing the growth of HELOCs in Canada using new regulatory data / by Leila Al-Mqbali, Olga Bilyk, Stefan Caputo and James Younker.
Titre de la série Staff analytical note = Note analytique du personnel, 2369-9639 ; 2019-14
Type de publication Série - Voir l'enregistrement principal
Langue [Anglais]
Format Électronique
Document électronique
Note(s) Cover title.
Includes bibliographical references.
Includes abstracts in English and French.
Information sur la publication Ottawa, Ontario, Canada : Bank of Canada = Banque du Canada, [2019]
©2019
Auteur / Contributeur Al-Mqbali, Leila, author.
Bilyk, Olga, author.
Caputo, Stefan, author.
Younker, James, author.
Description 1 online resource (ii, 5 pages) : illustrations.
Numéro de catalogue
  • FB3-7/2019-14E-PDF
Descripteurs Mortgage loans
Demander des formats alternatifs
Pour demander une publication dans un format alternatif, remplissez le formulaire électronique des publications du gouvernement du Canada. Utilisez le champ du formulaire «question ou commentaire» pour spécifier la publication demandée.
Date de modification :