BNN Bloomberg: Mortgage stress tests boosted Canada's financial stability: CMHC

Tighter mortgage regulations are making Canada’s housing market less risky, according to the government agency responsible for its oversight. Default rates remain low, and growth in the residential-mortgage market has slowed, likely due to the implementation of stress tests at the start of 2018, the Canadian Mortgage and Housing Corp. said Wednesday in a report from Ottawa. These are signals of “improving financial stability,” the agency said. Read More....


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Mississauga Real Estate Board
3450 Ridgeway Dr #1
Mississauga, ON L5L 0A2, Canada
Phone: 905.608.6732
Fax: 905.608.9988