Tag: Stress Test

New Mortgage Stress Test Rate Brings More Stress To Homebuyers

New Mortgage Stress Test Rate Brings More Stress To Homebuyers

While the Canadian housing market has been kind to sellers, homebuyers have had to deal with a series of costly hurdles in Canada’s ongoing and eventful housing market full of supply shortages, growing and pent-up demand, red hot prices, and bidding wars. And now, the federal government is effectively adding another significant hurdle on the […]

Read more
New Mortgage Stress Test: Putting Your Stress Level to the Test?

New Mortgage Stress Test: Putting Your Stress Level to the Test?

Pandemic, Properties and Puppies have been the defining 3 P’s of 2020-2021. Hand in hand with the raging pandemic as we go through multiple waives, the property market is fizzling hot with Canadian sitting on unprecedented levels of household savings. Following 2-3 years of “government induced” cooling in the housing market in the years leading […]

Read more