Posthaste: Why the new mortgage stress test rules could not have come at a worse time for Canada's frothy housing market

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New mortgage stress test rules set to be rolled out on April 6 could be a boon for would-be home buyers, as it will be more responsive to actual mortgage rates than the current posted rate system, but it “could also be more volatile,” according to the Royal Bank of Canada.

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Original Article Source Credits: business financial post, https://business.financialpost.com/

Article Written By Yadullah Hussain

Original Article Posted on :February 19, 2020

Link to Original Article: https://business.financialpost.com/executive/posthaste-feb-19-why-the-new-mortgage-stress-test-rules-could-not-have-come-at-a-worse-time-for-canadas-frothy-housing-market



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