New Canadian Mortgage Rules – The Geeky Agent – RE/MAX Escarpment

OSFI announced new Canadian Mortgage “Stress Test” Rules for Low Ratio Uninsured Mortgages. A quick chat about how that impacts how much house you can afford. Office of the Superintendent of Financial Institutions (OSFI) press release: http://www.osfi-bsif.gc.ca/Eng/osfi-bsif/med/Pages/B20_dft_nr.aspx OSFI is setting…