MQR Archives - Mortgage Rates & Mortgage Broker News in Canada

EXCLUSIVE: BMO brings back OSFI’s stress test for uninsured mortgage switches

December 19, 2024 No Comments

The excitement over last month’s removal of the stress test for uninsured mortgage switches may have been short-lived—at least for some bank customers.

OSFI’s stress test change sparks industry confusion

November 29, 2024 No Comments

Canada’s banking regulator threw the mortgage industry a curve ball last week when a representative suggested there were some restrictions to a recent policy change most brokers weren’t aware of.

OSFI removes mortgage stress test on switches

OSFI’s stress test on mortgage switches ends: What you need to know

November 20, 2024 1 Comment

Starting tomorrow, certain mortgage borrowers will find it easier to switch lenders, thanks to the removal of the requirement to qualify at a higher stress test rate.

Latest in Mortgage News: OSFI leaves stress test rate unchanged

December 13, 2023 No Comments

Canada’s banking regulator confirmed today it will leave the mortgage stress test for uninsured mortgages unchanged.

OSFI unlikely to tweak the mortgage stress test tomorrow

December 14, 2022 No Comments

Canada’s banking regulator is set to announce the results of its annual review of the mortgage stress test’s minimum qualifying rate on Thursday.

MQR

EXCLUSIVE: BMO brings back OSFI’s stress test for uninsured mortgage switches

OSFI’s stress test change sparks industry confusion

OSFI’s stress test on mortgage switches ends: What you need to know

Latest in Mortgage News: OSFI leaves stress test rate unchanged

OSFI unlikely to tweak the mortgage stress test tomorrow

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