If you pay more than 28% of your income towards your mortgage repayments you are in mortgage stress.
Great news! You are not technically in mortgage stress. Keep in mind that you could still be paying too much for your mortgage. It's a good idea to review your mortgage every year and consider refinancing your loan.
While your home is not in mortgage stress, it is getting close. It is worth taking a look at refinancing your loans and looking for ways to grow your income.
It is time to act. You are paying too much of your annual income towards your mortgage. Consider refinancing, look for ways to supplement your income or it might be time to think about moving to a cheaper home.