Changes to mortgage stress test to make it easier for some homebuyers to qualify
Just as the Toronto housing market is gaining steam, the federal government is adjusting the stress-test rate for insured mortgages. The move is expected to make it easier for some people to purchase a home starting April 6.
Original Article Source Credits: the star, https://www.thestar.com/
Article Written By Tess Kalinowski
Original Article Posted on : Feb. 18, 2020