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New mortgage stress test in Around Town

New mortgage stress test in Around Town

by Kenzie Andrews | Jun 3, 2021 | Around Town, Blog, Homebuyers, Mortgage Stress Test, Real Estate News

Your Weekly Construction Briefing Starting June 1, Canadian homebuyers will face tougher mortgage stress test rules that will decrease the buying power of most borrowers. The new stress test increased the previous 4.79 per cent qualifing rate to 5.25 percent....

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