government backing of the mortgage market. Nonetheless, the dominance of the crown corporation CMHC in the mortgage insurance … market concentrates a significant amount of risk in public finances. Improving competitive conditions in the mortgage …

-correction equations for Canadian aggregate consumption, house prices and mortgage debt. We find strong evidence that, after controlling … increase the mortgage down-payment requirement and reduce consumption, although there is evidence for some attenuation of this … mostly explained by movements in incomes, housing supply, mortgage interest rates and credit conditions, suggesting that the …

Canada's mortgage insurance risk needs a better backstop fund, according to a new report released today by the C ….D. Howe Institute. In “Mortgage Insurance as a Macroprudential Tool: Dealing with the Risk of a Housing Market Crash in Canada …,” authors Thorsten V. Koeppl and James MacGee suggest an era of steadily rising house prices and high mortgage debt warrants …

encourage homeownership? Does the home mortgage interest deduction encourage homeownership for all Americans? Is the cost of the … home mortgage interest deduction justified? This article considers whether the home mortgage interest deduction is an … while the home mortgage interest deduction provides an effective incentive for certain taxpayers to purchase certain types …

associated with lower mortgage credit growth and house price growth. The international experience suggests that - in addition to …