Yes — you can get a mortgage in Canada while carrying student loan debt, and most first-time buyers do. Lenders do not treat student loans
Similarly, Toronto's housing market saw a surge in activity during January 2024, with 4,223 sales recorded through the Toronto Regional Real Estate Board's (TRREB) MLS®
Additionally, businesses pay more when borrowing the funds necessary to expand their operations increases. In basic terms, higher interest rates indicate borrowing money is more