Mortgage Stress Tests Boosted Canadas Financial Stability: CMHC
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.
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/