Canada Relaxes Mortgage Qualification Rules as Rates Fall

Author: External Author | Apr 01, 2020 | Categories: Debt Consolidation , First Time Home Buyer Mortgage , Mortgage Broker , Mortgage Calculator , Mortgage Rates , Private Equity Investors , Private Mortgage Lending , Refinance Mortgage , Reverse Mortgage , Royal Canadian Legion , Self Employed Mortgage

Finance Minister Bill Morneau is relaxing mortgage qualification rules to make it easier for home buyers to secure financing, a move that could give Canada’s real-estate market another boost.

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Original Article Source Credits: bloomberg, https://www.bloomberg.com/

Article Written By Chris Fournier

Original Article Posted on : February 19, 2020

Link to Original Article: https://www.bloomberg.com/news/articles/2020-02-18/morneau-eases-stress-tests-for-canadian-insured-mortgages