Stress test requires all home buyers to qualify up to the current stress test level of 4.79 per cent, effective June 1
Stress test suddenly expands to all homebuyers Frank O’BrienWestern Investor On May 21, just days before it comes into effect, the federal government has expanded its mortgage stress test to include all borrowers, not just those with more than a 20 per cent down payment. Effective June 1, the stress test requires that all home […]
By Les Twarog Vancouver Real Estate and Condo Blog
on 25-05-2021