Mortgage Stress Test Archives

Drop the mortgage stress test at renewal, competition watchdog urges Ottawa – National

Canada’s competition watchdog is urging Ottawa to drop requirements for some borrowers to pass the mortgage stress test at renewal, arguing it limits Canadians’ abilities to shop around for a …

Ottawa loosens mortgage stress test in housing-focused fall fiscal update – National

by Vera Ward

Homeowners fretting about paying more on their mortgages at renewal could soon have more power to shop around for a better rate, thanks to a package of housing affordability measures …