Mortgage Renewal Concerns
- rates.ca
Updated Oct 31, 2022
Share
Facebook
Twitter
EmailClick to copy linkLink copiedCiteRATESDOTCA (2022). Mortgage Renewal Concerns [Dataset]. https://rates.ca/resources/canadian-homeowners-concerned-higher-mortgage-payments-renewalDataset updatedOct 31, 2022Dataset provided byRATESDOTCA Group Ltd.AuthorsRATESDOTCADescriptionIn light of the Bank of Canada’s six interest rate hikes this year, homeowners with a mortgage loan should brace themselves for higher rates at renewal over the next five years. And according to a recent Leger survey conducted on behalf of RATESDOTCA and BNN Bloomberg, 53% of homeowners are already feeling concerned about an increase in payments when their mortgages come up for renewal. While 52% of homeowners have a plan in place to meet those increased payments, half don’t consider shopping the market as part of that plan. In fact, 51% say they don’t plan to change lenders upon renewal, and 9% said they weren’t even aware that switching lenders was possible.
https://static.rates.ca/images/BNN_x_RATESDOTCA_Concern_over_mortgage_renewal.width-800.png" width="800">
- F
ICE BofA US High Yield Index Effective Yield
- fred.stlouisfed.org
jsonUpdated May 27, 2025ShareFacebookTwitterEmailClick to copy linkLink copiedCite(2025). ICE BofA US High Yield Index Effective Yield [Dataset]. https://fred.stlouisfed.org/series/BAMLH0A0HYM2EYjsonAvailable download formatsDataset updatedMay 27, 2025Licensehttps://fred.stlouisfed.org/legal/#copyright-pre-approvalhttps://fred.stlouisfed.org/legal/#copyright-pre-approval
Area coveredUnited StatesDescriptionView data of the effective yield of an index of non-investment grade publically issued corporate debt in the U.S.
Not seeing a result you expected?
Learn how you can add new datasets to our index.
FacebookTwitterEmailIn light of the Bank of Canada’s six interest rate hikes this year, homeowners with a mortgage loan should brace themselves for higher rates at renewal over the next five years. And according to a recent Leger survey conducted on behalf of RATESDOTCA and BNN Bloomberg, 53% of homeowners are already feeling concerned about an increase in payments when their mortgages come up for renewal. While 52% of homeowners have a plan in place to meet those increased payments, half don’t consider shopping the market as part of that plan. In fact, 51% say they don’t plan to change lenders upon renewal, and 9% said they weren’t even aware that switching lenders was possible.https://static.rates.ca/images/BNN_x_RATESDOTCA_Concern_over_mortgage_renewal.width-800.png" width="800">