CMHC defends mortgage stress test changes amid calls for loosening rules – Cloverdale Reporter

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The CEO of Canada Mortgage and Housing Corporation is forcefully defending mortgage stress test rules and warning federal policy-makers to hold the line amid calls for softening the measure from industry associations. "My job is to advise you against this reckless myopia and protect our economy from.

That represented a roughly two-per-cent rise since Ottawa’s new mortgage stress test for traditional. tougher government lending rules, higher borrowing costs and other factors. This is the first.

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3 Things to Know in the Housing Market Today! Some we just don’t know yet. The following three areas of the housing market are critical to understand: interest rates, building materials, and the outlook for an economic slowdown. 1. Interest Rates. One of the most important things to consider when buying a home is the interest rate you will be charged to borrow the money.

 · CMHC defends mortgage stress test changes amid calls for loosening rules CMHC reports Canadian housing starts slowed in May ‘Troubling’: Home.