20 Oct This Week In The News
There were several real estate news items that captured my attention this week — the major one being the announcement by The Office of the Superintendent of Financial Institutions (OSFI) on changes to the qualification process for low-ratio borrowers when securing a mortgage on a home.
Canada’s banking watchdog sets tougher rules for mortgage lending
Global News (Video)
Here’s how much house you’ll be able to buy with the new mortgage stress test
Better Dwelling (Video – Time Lapse Map)
Toronto Real Estate Stress Tested Under OSFI Guidelines
Canadian Home Prices