man graffitiing wall
Ask David

New Mortgage Qualifications, Dealing with Graffiti

Dear David, I’ve heard rumours the past few weeks about a new and tougher “stress test” for those taking out a mortgage next year. What’s going on? – Nervous Buyer DEAR NERVOUS: The Office of the Superintendent of Financial Institutions (OSFI) is setting a new minimum qualifying rate for mortgages (referred to as a “stress

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