What home buyers should know about the Canadian mortgage stress test
In late 2017, the federal government introduced a mortgage stress test for anyone applying for or renewing a home loan. But, if you’re like nearly half of Canadians polled by TD Bank in 2019, you may not understand what the test is—or who it affects.
Original Article Source Credits: Money Sense , https://www.moneysense.ca/
Article Written By: TAMAR SATOV
Original Article Posted on: MAY 27, 2021