November 2017

New Mortgage Stress Test and the Impact it Will Have on Your Home Purchase

Posted on Nov 29, 2017


If you have been flirting with the idea of purchasing a new home in the near future, you have undoubtedly heard the words 'stress test.' Stress tests are already mandatory for mortgages in which the down payment is less than 20%, which was initially introduced earlier this year as part of the the Federal Government's attempt to cool the heated hous...

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