The link between mortgage debt servicing burdens and arrears: is there a critical threshold?
BankUnderground
MAY 22, 2024
Some countries restrict lending to borrowers with high debt-servicing burdens There are different metrics that measure a household’s debt-servicing burden. It is calculated by taking a household’s mortgage payments (including interest and principal) and dividing them by their pre-tax income.
Let's personalize your content