Canadian Residential Mortgage Markets : Boring But Effective?

Boring But Effective?

Canadian Residential Mortgage Markets : Boring But Effective?
Klyuev (2008) concluded that the Canadian market for housing finance is highly advanced and sophisticated, but financing options were somewhat limited, particularly at terms longer than five years. This paper argues that the paucity of longer-term loans is caused by a five-year maturity cap on government-guaranteed deposit insurance, and a... READ MORE...

Publication date: June 2009
ISBN 9781451872774
$18.00

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