Introduced in 2017 with intentions to cool the red hot real estate market, the Mortgage stress test has seen a number of changes over the years. The latest change to the stress test took effect on June 1st, 2021, making it more difficult for prospective home buyers in Canada to qualify for a mortgage. The [...]
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This post first appeared on Toronto Real Estate Blog | Selling Your House In 2, please read the originial post: here
