CMHC defends mortgage stress test changes amid calls for loosening rules – Castlegar News

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The CEO of Canada Mortgage and Housing Corporation is forcefully defending mortgage stress test rules and warning federal policy-makers to hold the line amid calls for softening the measure from.

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CMHC defends mortgage stress test changes amid calls for loosening rules A house for sale is pictured in this undated file photo. Aleksandra Sagan, The Canadian Press

The CEO of Canada Mortgage and Housing Corporation is forcefully defending mortgage stress test rules and warning federal policy-makers to hold the line amid calls for. sidelined by the changes.

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Canada would need a “calamity” in the housing market to warrant adjusting the mortgage stress. Mr. Siddall said the CMHC expected some decline in economic activity as home sales declined as a.

Two-thirds of Torontonians say they feel the anxiety, along with 58 per cent of Vancouverites and 60 per cent of Montrealers, according to the poll released by residential mortgage insurer Genworth.

CMHC defends mortgage stress test changes amid calls for loosening rules Aleksandra Sagan, The Canadian Press, at 18:05 on May 23, 2019 The CEO of Canada Mortgage and Housing Corporation is forcefully defending mortgage stress test rules and warning federal policy-makers to hold the line amid calls for softening the measure from industry.

OTTAWA – Canada Mortgage and Housing Corp. says the pace of housing starts slowed in May. The housing agency say the seasonally adjusted annual rate of housing starts slipped to 202,337 units in May,

Two-thirds of Torontonians say they feel the anxiety, along with 58 per cent of Vancouverites and 60 per cent of Montrealers, according to the poll released by residential mortgage insurer Genworth.