Mortgage to GDP Ratio: Unveiling Its Influence on Mortgage Rates
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Contents
Frequently Asked Questions
How is the mortgage-to-GDP ratio calculated?
Ans: The mortgage-to-GDP ratio is obtained by dividing a country's total outstanding mortgage loans by GDP and multiplying the result by 100.
Why is a higher mortgage-to-GDP ratio desirable?
Ans: A higher mortgage-to-GDP ratio signifies a more developed and active mortgage market, contributing to economic growth and stability.
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