How the new mortgage 'stress test' will affect homebuyers

Author: External Author | | Categories: Mortgage Professional , Purchase Financing

In an attempt to try and cool down the overheated housing market, the federal government is making it tougher to get a mortgage starting June 1.

Original Article Source Credits:   CTV News , https://www.ctvnews.ca/

Article Written By:  Tom Yun

Original Article Posted on:   June 1, 2021 

Link to Original Article:  https://www.ctvnews.ca/business/how-the-new-mortgage-stress-test-will-affect-homebuyers-1.5451606

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