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Tag: BoC

Lower Stress Test Gets You More

Posted on August 15, 2020August 17, 2020 by admin

Bank of Canada is lowering the benchmark mortgage stress test from 4.94% to 4.79%, which means could qualify for a little more as of August 17, 2020.

Posted in Mortgage Financing Tagged Benchmark, BoC, MQR, Stress Test

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