CMHC defends mortgage stress test changes amid calls for loosening rules – Bashaw Star

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CMHC head issues sharp defence of mortgage stress test as calls grow to loosen rules ‘Critics of the stress test ignore the fact that high house prices are the overwhelming reason why home.

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The CEO of Canada Mortgage and Housing Corporation is forcefully defending mortgage stress test rules and warning federal policy makers to hold the line amid calls for the measure to be changed.

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The CEO of Canada Mortgage and Housing Corporation is forcefully defending mortgage stress test rules and warning federal policy-makers to hold the line amid calls for softening the measure from.

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The CEO of Canada Mortgage and Housing Corporation is forcefully defending mortgage stress test rules and warning federal policy-makers to hold the line amid calls for softening the measure from . . .. CMHC defends mortgage stress test changes amid calls for loosening rules.

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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 The Canadian Press; May. 23, 2019 2:40 p.m. News CMHC head issues sharp defence of mortgage stress test as calls grow to loosen rules.

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OTTAWA – The Canada Mortgage and Housing Corporation is defending the mortgage stress test amid calls for the measure to be changed. President Evan Siddall says in a letter to the Standing Committee on Finance that the new measure is working as intended to lower house prices and protect Canadians from borrowing too much money.

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