Mortgage Stress Tests
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New mortgage stress test rules take effect. Here’s what you need to knowAs new mortgage rules take effect, experts discuss the implications for both borrowers and the broader housing market.MoneyJun 1, 2021
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New mortgage stress test rules may stabilize Canada’s housing market: BMOThe new mortgage stress rules come into effect on June 1.CanadaMay 26, 2021
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New mortgage stress test rules are coming June 1The 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.MoneyMay 20, 2021
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