Stress test

To say that 2023 has been an eventful year for the mortgage market would be an understatement. Borrowers have withstood one of the steepest rate …

The Canadian housing market appears to be well on the road to post-pandemic recovery, according to the latest May data. The Canadian Real Estate …

According to data compiled by Ratehub.ca, homes across the country are becoming more affordable. We calculated the minimum annual income required …

In July, Ratehub.ca calculated the minimum annual income required to buy a home in Canada’s major cities based on March and June 2022 real estate …

2022 has had no shortage of real estate and mortgage news. The Bank of Canada started hiking the key overnight rate in March after two years …

As interest rates have steadily marched higher over the past year and a half, so too has the mortgage stress test – and it is shrinking the amount of mortgage borrowers can qualify for.