Are the new mortgage rules requiring a “stress test” a good idea?
Home / Blog / Mortgage, Financial by Marc Rouleau The Federal government announced new mortgage rules in October for buyers making a down payment of less than 20% of the property purchase price. These are known as “high-ratio” mortgages. Simply put, these mortgages are riskier for both the lender and borrower if things go sideways. […]
Are the new mortgage rules requiring a “stress test” a good idea? Read More »