changes to the mortgage stress test
A deep-dive into the mortgage stress tests: Did they serve their purpose?
September 27, 2022
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In this two-part series, economist Will Dunning explores the premise of the mortgage stress tests and their current relevance in the context of today’s sharply higher interest rates and worsening economic conditions.
The latest in mortgage news: OSFI has no plans to loosen the stress test
September 14, 2022
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Despite today’s mortgage borrowers having to qualify at rates in excess of 6% and 7%, Canada’s banking regulator said no changes to the stress test are imminent.
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