Mortgage Stress Tests Boosted Canadas Financial Stability: CMHC

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Mortgage Renewal in Cambridge, ON

The mortgage stress test been scrutinized ever since its 2018 roll-out. Would-be buyers are often shut out of the market – despite having that 20 per cent down payment sitting in their savings account.

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Original Article Source Credits:Toronto Storeys , https://torontostoreys.com/

Article Written By:Jenny Febbraro

Original Article Posted on :  November 7, 2019

Link to Original Article:  https://torontostoreys.com/2019/11/mortgage-stress-tests-cmhc/

 

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