Month: September 2017

4 Tips: How to Prep Mortgage Borrowers for New Stress Test Requirements

By: Penelope Graham, Zoocasa. It hasn’t been an easy year to be a borrower, and conditions are poised to become even tougher: As home prices and interest rates rise, Canada’s lender regulator is considering new rules to further limit mortgage qualification. While an official date is pending, it’s widely expected that the Office of the… Read more »