Canada Relaxes Mortgage Qualification Rules as Rates Fall

Author: External Author | | 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

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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



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