Housing stress test disproportionately harms young homebuyers: mortgage industry

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 99%

Business News News

Business Business Latest News,Business Business Headlines

'Stifled hopes': Housing stress test disproportionately harms young and new-to-Canada homebuyers, mortgage industry says

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Protecting home buyers from a mortgage industry that would like to loan them more than they can afford is a terrible idea. Government should never come between a lender and a fast buck.

Maybe we should reduce immigration.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Regulators leave Fortress investors exposed to mortgage industry Wild WestFortress would go on to sell nearly $1-billion worth of risky syndicated commercial real estate mortgages to thousands of often unsophisticated small investors between 2008 and 2017
Source: globeandmail - 🏆 5. / 92 Read more »

Expected mortgage-rate hikes may crimp housing marketConvergence of factors will put added pressure on urban real estate Not the best time to have my house on the market.
Source: globeandmail - 🏆 5. / 92 Read more »

Dismantling the oil industry: Rough North Sea waters test new ideasSeveral companies are trying new ideas to win business in the market for dismantling disused oil platforms
Source: globeandmail - 🏆 5. / 92 Read more »