Will the Mortgage Stress Test Cool the Canadian Housing Market? (2021)
Saturday Jun 5th, 2021
ShareCanadian Real Estate and the New Mortgage Stress Test (June 1) June 1st, 2021 View Larger Image Homebuyers entering in the Canadian real estate market are facing a slightly bigger obstacle starting today, with the Office of the Superintendent of Financial Institutions (OSFI) implementing a higher threshold for the mortgage stress test. Under the new rules, the minimum qualifying rate for uninsured mortgages... [read more]