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‘Critics of the stress test ignore the fact that high house prices are the overwhelming reason why home ownership is out of reach,’ Evan Siddall said
3 Things to Know in the Housing Market Today! Some we just don’t know yet. The following three areas of the housing market are critical to understand: interest rates, building materials, and the outlook for an economic slowdown. 1. Interest Rates. One of the most important things to consider when buying a home is the interest rate you will be charged to borrow the money.
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CMHC defends mortgage stress test changes amid calls for loosening rules – Bashaw Star 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.
The new mortgage "stress test" is stressing out the market.. Canada Child Benefit Forms To Change, Reduce Barriers For ‘At-Risk’ Families. CMHC Mortgage Insurance Plunges 33% After New Rules.