TREB says mortgage stress test means homebuyers have to qualify for monthly mortgage payments nearly $700 more than what they would actually pay
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
OSFI under pressure by banks, industry lobbyists to ease mortgage stress test: sourcesSupporters of easing say the stress test should be flexible and adjusted to account for interest rate moves and market conditions
Read more »
Banks, Lobbyists Pressuring Canada To Loosen Mortgage Stress TestKeeping the mortgage stress test at its current level doesn't make sense when mortgage rates are rising, the industry says.
Read more »
Banking watchdog says contentious mortgage stress test is safety buffer banks and borrowers needAnswer to the rising cost of housing cannot be more debt, says OSFI deputy
Read more »
As house prices slide, Jason Kenney urges elimination of mortgage stress test for AlbertansCalgary, where sales have been declining for 4 years, doesn’t have the overheating of Toronto and Vancouver, says UCP leader
Read more »
Canada’s housing crisis and mortgage stress test are officially election issuesDebate was sparked on Thursday by an NDP motion calling on the government to create 500,000 affordable housing units in the next 10 years
Read more »
Rising rates, tougher mortgage rules hit Toronto new home, condo sales last yearReport by Altus Group says sales of all types of pre-build homes in the GTA fell 40 per cent in 2018
Read more »