| Informacje o inbardg4m1 |
| Dołączył: |
28-08-2020 |
| Ostatnia wizyta: |
(ukryte) |
| Razem postów: |
0 (0 postów dziennie | 0 procent wszystkich postów) |
| Razem wątków: |
0 (0 wątków dziennie | 0 procent wszystkich wątków) |
| Spędzony czas online: |
(ukryte) |
|
|
| Dodatkowe informacje o inbardg4m1 |
| Sex: |
Male |
| Bio: |
Under the tension test, every home buyer who wants to get a mortgage from any federally regulated lending institution needs to go through a test in which the customer's affordability is judged based on a rate that is not lower than a tension rate set by the Bank of Canada. For high-ratio home loan (loan to value of more than 80%), which is guaranteed by Canada Home Loan and Real Estate Corporation, the rate is the optimum of the stress test rate and the current target rate.
This stress test has reduced the optimal home loan approved amount for all borrowers in Canada. The stress-test rate consistently increased up until its peak of 5.34% in May 2018 and it was not changed until July 2019 in which for the very first time in 3 years it reduced to 5.19%. This choice may reflect the push-back from the real-estate market in addition to the intro of the novice home purchaser incentive program (FTHBI) by the Canadian federal government in the 2019 Canadian federal spending plan. https://www.blurb.com/user/rvplrht576 |
|
