Has The Mortgage Stress Test Worked ?
The Canadian Real Estate Investor · Daniel Foch & Nick Hill
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Show Notes
With Record Level Debt in Canada - Has the Mortgage Stress Test Worked ? We look at what the stress test is and why it was implemented.
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DTI - debt to income ratio - Canadians owe $1.84 for every $1 they earn
- debt levels across all age brackets
- changes being made to the stress test
- what happens when renewals come in in 2024-2025
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