Mortgage Stress Tests

• New mortgage stress test rules take effect. Here’s what you need to know

  As new mortgage rules take effect, experts discuss the implications for both borrowers and the broader housing market.

  Money

  Jun 1, 2021
  
• New mortgage stress test rules may stabilize Canada’s housing market: BMO 

  The new mortgage stress rules come into effect on June 1.

  Canada

  May 26, 2021
  
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• New mortgage stress test rules are coming June 1

  The qualifying rate for residential mortgages with a down payment of 20 per cent or more will rise to the contracted rate plus 200 basis or 5.25 per cent, whichever is higher.

  Money

  May 20, 2021