Author: Sleep Easy Financial | | Categories: First Time Home Buyer Mortgage , mortgage , Mortgage Broker , Mortgage Pre-Approvals , Mortgage Rates , Mortgage Refinancing , Mortgage Renewal , Mortgage Services , mortgage stress test , New to Canada Mortgage , Reverse Mortgages , Second Mortgages , stress test
Canada’s mortgage stress test applies to anyone applying for or renewing a home loan through a federally regulated lender.
And apparently nearly half of Canadians (according to a poll conducted by TD Bank) don’t understand what the test is—or who it affects. Here’s your primer on the mortgage stress test!
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