mortgage stress test
While it’s hard to predict the consequences of the new stress test, the move isn’t necessarily a silver bullet for a cooler housing market, experts say.
Millennials are more likely to fib on the mortgage applications, while a majority of Canadians believe mortgage fraud is on the rise. These are some of the findings from a survey by Equifax Canada on current perceptions and trends around mortgage fraud.
Representatives from Mortgage Professionals Canada (MPC) united in Ottawa this May to lobby for changes to Canada’s federal mortgage eligibility and financing laws which “unnecessarily impact
Federal policy changes made with the intent to cool housing prices and demand continue to impact housing markets across Canada, according to a new report.
This year is unlikely to provide substantial housing affordability relief, reports the latest Housing Trends and Affordability report from RBC Economics.