Tougher Rules And Higher Rates Fade Canadian Mortgage Risk

“Canadian mortgage risk is easing and it’s all thanks to higher interest rates and tougher mortgage rules,” according to this article by Toronto Storeys.

BC Vancouver Real Estate News tougher-rules-and-higher-rates-fade-canadian-mortgage-risk Tougher Rules And Higher Rates Fade Canadian Mortgage Risk General  rew

Tougher Rules And Higher Rates Fade Canadian Mortgage Risk

Canadian mortgage risk is easing and it’s all thanks to higher interest rates and tougher mortgage rules. According to The Bank of Canada, the stress test and ever-increasing interest rates have resulted in a dramatic decline in “deeply indebted borrowers.”

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