CMHC defends mortgage stress test changes amid calls for loosening rules – Lake Country Calendar

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So, whether or not you agree with the OSFI’s new housing regulations, the mortgage stress test will soon be a mandatory trial that all potential homeowners and those switching lenders must endure. If you’re applying for a high-ratio mortgage, you may have recently had to take the stress test.

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CMHC defends mortgage stress test changes amid calls for loosening rules Uninsured borrowers must now show they could service their mortgage if rates rose two per cent May. 23, 2019 12:00 a.m.

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