$3.07 Trillion in Debt: Why 2 Million Canadians Won't Requalify at Their Own Bank

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The Flow: Real Estate and Money Show

Flow Mortgage Co

117 episodes

2 days ago

Welcome to The Flow: Real Estate & Money Show. The Flow is for people in Canada who are: looking to understand the homebuying process, to demystify real estate investing, and to make mortgage financing accessible for anyone. The goal here is to help people understand: ways to make their money work for them, get in the market sooner, and open up the box on how mortgage financing works. We hope to help you find your State of Flow. Hear something interesting? Let's Connect! Website: getflowmortgage.ca Alex's Social Media: @themortgagepug Flow's Social Media: @flowmortgageco

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All content for The Flow: Real Estate and Money Show is the property of Flow Mortgage Co and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Investing

Business

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$3.07 Trillion in Debt: Why 2 Million Canadians Won't Requalify at Their Own Bank

The Flow: Real Estate and Money Show

15 minutes 11 seconds

2 weeks ago

$3.07 Trillion in Debt: Why 2 Million Canadians Won't Requalify at Their Own Bank

Canadians now owe $1.74 for every dollar they earn with household debt hitting $3.07 trillion, and that car loan or credit card is quietly killing your mortgage qualification by $50,000 or more. Here are 12 legal strategies to reclaim your borrowing power and why 2 million Canadians renewing in 2025-2026 might not requalify at their own bank.