Income growth would reduce the increase in the mortgage debt service ratio at renewal compared to origination, but would not fully offset payment increases https://www.bankofcanada.ca/?p=236203 Fixed rate with a term of less than 5 years Fixed rate with a term of 5 years or longer Variable rate, fixed payments Variable rate, variable payments Total 0.33.64.14.13.2 2.74.47.36.14.4 4.04.88.46.05.5 1.82.44.42.82.7 -0.40.20.80.80.2 1.11.44.33.21.6 1.81.94.82.82.5 0.40.12.00.60.5