Informatie over gundan2hpx |
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 gundan2hpx |
Sex: |
Male |
Bio: |
Under the stress test, every home buyer who wishes to get a mortgage from any federally regulated lender should go through a test in which the customer's affordability is evaluated based upon a rate that is not lower than a stress rate set by the Bank of Canada. For high-ratio home loan (loan to value of more than 80%), which is guaranteed by Canada Home Loan and Real Estate Corporation, the rate is the optimum of the tension test rate and the present target rate.
This tension test has reduced the optimal home mortgage authorized quantity for all debtors in Canada. The stress-test rate regularly increased till its peak of 5.34% in Might 2018 and it was not changed till July 2019 in which for the very first time in three years it decreased to 5.19%. This decision might show the push-back from the real-estate market along with the introduction of the novice home buyer reward program (FTHBI) by the Canadian federal government in the 2019 Canadian federal budget. https://www.tor.com/members/cwearsbwrd/ |
|