Does Canada Still Need The Mortgage Stress Test?
Would-be buyers are often shut out of the market – despite having that 20 per cent down payment sitting in their savings account. The mortgage stress test ebbs and flows with the interest rates, but it has had a huge impact on Canada’s housing market.
Original Article Source Credits: Toronto Storeys , https://torontostoreys.com/
Article Written By: Jenny Febbraro
Original Article Posted on : October 17, 2019
Link to Original Article: https://torontostoreys.com/2019/10/toronto-home/