The Canadian Real Estate Investor Podcast
Has The Mortgage Stress Test Worked ?
Published October 31, 2023 · 2741
Topics: Mortgages
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.
-
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
If you have any questions for the show or want to work with Nick and Dan please reach out to them on social media or send an email to tcreipodcast@gmail.com
Sign up for our Course Course
Sign up for the Newsletter
Meetups Meetups
Merch merch
Get a Pre Approval G & H Mortgage Group
Work with Landbank LandBank
Nick
Instagram.com/mybuddynick
tiktok.com/@mybuddynick
twitter.com/mybuddynick89
Dan
twitter.com/daniel_foch
instagram.com/danielfoch
tiktok.com/@danielfoch
See omnystudio.com/listener for privacy information.
Put this episode to work
Rates move the math. Stress-test a deal at today's mortgage rates — free.