CMHC defends mortgage stress test changes amid calls for loosening rules – Rossland News

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CMHC defends mortgage stress test changes amid calls for loosening rules uninsured borrowers must now show they could service their mortgage if rates rose two per cent B.C. woman left black and blue’ after being pushed off 40-foot cliff at lake

CMHC sees amount of mortgages it insures shrinking this year amid tighter housing market rules.. policy changes being brought out from CMHC were being. mortgage stress test is. The head of the federal housing agency is raising a red flag about the state of Canada’s real estate sector, saying affordability concerns have spilled over from the.

The CEO of Canada Mortgage and Housing Corporation is forcefully defending mortgage stress test rules and warning federal policy-makers to hold the line amid calls for softening the measure from.

OTTAWA – The Canada Mortgage and Housing Corporation is defending the mortgage stress test amid calls for the measure to be changed. President Evan Siddall says in a letter to the Standing Committee on Finance that the new measure is working as intended to lower house prices and protect Canadians from borrowing too much money.

 · The CEO of Canada Mortgage and Housing Corporation is forcefully defending mortgage stress test rules and warning federal policy-makers to hold the line amid calls for softening the measure from . . .

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 · The Canada Mortgage and Housing Corporation is defending the mortgage stress test amid calls for the measure to be changed. President Evan Siddall says in a letter to the Standing Committee on Finance that the new measure is working as intended to lower house prices and protect Canadians from borrowing too much money.