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Home > Stress Test > The struggle is real: how homeowners are coping with soaring mortgage rates
Podcast: Stress Test
Episode:

The struggle is real: how homeowners are coping with soaring mortgage rates
Category: Business
Duration: 00:32:54
Publish Date: 2023-11-08 11:00:00
Description: First, home owners with variable rate mortgages felt the pain of soaring interest rates. Then, people with fixed rate mortgages began to renew at sharply higher rates. In this episode, we hear from first-time homebuyers in Vancouver and Kingston who are now spending more than half their income on housing. And Rob talks to Victor Tran, an Ontario-based mortgage broker.
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