Mortgage stress test changes coming, Morneau announces, in move that may make buying a home easier
The federal government and a federal banking regulator are planning to tweak mortgage stress tests in time for the busy spring home-buying season, a move that could make it easier for would-be owners to get a loan and add fuel to Canada’s housing market.
Original Article Source Credits: Financial Post , https://financialpost.com/
Article Written By: Geoff Zochodne
Original Article Posted on: Feb 18, 2020
Link to Original Article: https://financialpost.com/real-estate/mortgages/mortgage-stress-test-changes-coming-morneau-announces-in-move-that-may-make-buying-a-home-easier