2min chapter

Stress Test cover image

The struggle is real: how homeowners are coping with soaring mortgage rates

Stress Test

CHAPTER

Introduction

This chapter discusses the recent surge in mortgage rates in Canada and its effect on homeownership, including variable rate mortgages and mortgage renewals. The increase in rates has come as a surprise to homeowners, who are already facing economic challenges like inflation, a weakening job market, and recession fears.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode