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re: Homebuyers are now spending 40% of their gross income on mortgage and interest costs

Posted on 7/22/23 at 10:23 am to
Posted by Roberteaux
mandeville
Member since Sep 2009
5822 posts
Posted on 7/22/23 at 10:23 am to
quote:

This may be a dumb question, but doesn’t a debt to income ratio take all debt payments into account? Not just mortgage?


Correct
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