New stress test level makes it harder to qualify for a mortgage in Canada
It's a bit harder to qualify for a home loan as of today, as the federal government has raised the minimum financial bar that anyone applying for a mortgage must meet.
Original Article Source Credits: CBC News , https://www.cbc.ca/
Article Written By: Pete Evans
Original Article Posted on: Jun 01, 2021
Link to Original Article: https://www.cbc.ca/news/business/stress-test-mortgage-real-estate-1.6046758