OSFI Changes Stress Test for Uninsured Mortgages in 2021

What Is Changing For Uninsured Mortgages?

The qualifying rate for uninsured mortgages will be the higher of:

Home Repair Gone Wrong? Your Mortgage Can Come To The Rescue

Your Mortgage Financing Can Support Your Home Renovation

Could Zombie Debt Haunt Your Mortgage Application?

We usually associate zombies with Hallowe'en, but when it comes to old debts they could revive when you least expect it. More and more Canadians are facing record-high levels of debt, due in part to extremely low interest rates. If you've passed the point when budgeting will help you get your finances back on track, chances are zombie debt has caught up with you.

The Evolution of a Mortgage

Your Mortgage Needs Can Change Over Time

Change is for Certain

Mortgage Solutions That Help You Stay On Track

When we first met Eleanor and Jason, they were a young couple buying their first condo together. Fast-forward 5 years to their mortgage renewal date, and a lot had changed in their world. Eleanor had started a new job several months prior to the renewal, and the couple had just gotten married. They were carrying a bit of debt from the wedding, and also wanted to save for the future so they could move into a single-family home.

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