mortgage qualification

BMO’s mortgage rule change sends a signal about growing economic risks

March 28, 2025 No Comments

The Bank of Montreal (BMO) caused some panic last week when it announced the tightening of its mortgage requirements for self-employed workers in the steel and aluminum sectors.

The latest in mortgage news: OSFI has no plans to loosen the stress test

September 14, 2022 1 Comment

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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mortgage qualification

BMO’s mortgage rule change sends a signal about growing economic risks

The latest in mortgage news: OSFI has no plans to loosen the stress test

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