stress test MRQ

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.

Canada’s mortgage stress test: Obsolete or still doing its job?

August 14, 2023 No Comments

Originally introduced to mitigate borrower default risks in the event of rising interest rates, some brokers now argue that Canada’s mortgage stress test is no longer needed with interest rates presumably near their peak.

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.

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stress test MRQ

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

Canada’s mortgage stress test: Obsolete or still doing its job?

OSFI unlikely to tweak the mortgage stress test tomorrow

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