Homeowners won’t face mortgage stress test if renewing with new lender: OSFI

Homeowners switching mortgages to new lenders at renewal will soon no longer have to requalify under the stress test as Canada's banking regulator moves to drop the requirement.

Tomas Kauer - Moderator Tomas Kauer - Moderator
Sep 26, 2024 - 14:00
Homeowners won’t face mortgage stress test if renewing with new lender: OSFI
Homeowners switching mortgages to new lenders at renewal will soon no longer have to requalify under the stress test as Canada's banking regulator moves to drop the requirement.
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