Navigating Mortgage Renewals and Regulatory Impacts

This chapter explores recent regulations limiting high leverage loans in the banking sector, discussing implications for new mortgages and the allocation of quotas to banks. It also delves into the impact of credit tightening and negative equity mortgages, highlighting the rejected recommendation to remove the stress test on mortgage renewals. Additionally, it shares a personal account of negotiating a fixed-rate mortgage and delves into the concept of negative amortizations in loan structuring.