Mortgage stress test

Rising mortgage rates have made it progressively tougher to buy a home in recent months, and June was no exception; according to the latest Affordability …

On December 16, 2024, the federal government unveiled its Fall Economic Statement (FES) – and as the surprise resignation of Finance and Deputy …

As interest rates start to lower across Canada, so too are the affordability hurdles facing home buyers. The effects of the first two borrowing …

Canada’s banking regulator, the Office of the Superintendent of Financial Institutions (OSFI), is planning to toughen up borrowing requirements for some mortgage applicants.

Are we officially out of the rate-hike era? It would appear so, following a rate hold this week from the US Federal Reserve, right on the heels of the Bank of Canada’s decision to do so.

To say that 2023 has been an eventful year for the mortgage market would be an understatement. Borrowers have withstood one of the steepest rate …