Informatie over ripinnkht8 |
Lid sinds: |
08-28-2020 |
Laatste bezoek: |
|
Aantal berichten: |
0 (0 berichten per dag | 0 procent van alle berichten)
(Alle berichten zoeken)
|
|
0 ()
(Alle discussies zoeken)
|
Tijd online besteed: |
|
Doorverwezen leden: |
0 |
|
|
Extra informatie over ripinnkht8 |
Sex: |
Male |
Bio: |
Under the stress test, every home buyer who wishes to get a home mortgage from any federally regulated loan provider needs to go through a test in which the debtor's price is judged based on a rate that is not lower than a stress rate set by the Bank of Canada. For high-ratio mortgage (loan to worth of more than 80%), which is insured by Canada Home Loan and Housing Corporation, the rate is the maximum of the tension test rate and the present target rate.
This stress test has actually reduced the maximum mortgage approved amount for all borrowers in Canada. The stress-test rate regularly increased till its peak of 5.34% in May 2018 and it was not altered up until July 2019 in which for the very first time in three years it reduced to 5.19%. This decision might show the push-back from the real-estate market as well as the introduction of the first-time home buyer incentive program (FTHBI) by the Canadian federal government in the 2019 Canadian federal budget. http://calendary.org.ua/user/frazigx58a |
|