Source: Loan Digest (loandigest.net)
they must be hurting a little bit.
From who? The construction industry?
Make mortgages long term. Eases the need for stress test...and eases the stress of wondering what your monthly payment will be every three to five years.
It is fine the way it is! We don’t want a housing bubble.
.
💙
Seems like a good argument for making it even more stringent.
If the CHMC eased on buying the banks' junk 20 years ago, passing a stress test would be easy peasy.
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Canada's Best EmployersWhere are the best places to work in Canada? Forbes came up with a ranking of the top 300. Is your company on the list? What a joke No w’EH
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