The government's mortgage stress test (a.k.a. "MQR") kept borrowers and lenders mostly out of trouble as rates soared from March 2022 to June 2024. It was instrumental in reducing the buildup of overborrowing, at least at federally regulated prime lenders. Now, it's

As part of the government's ongoing saga to house Canada's newcomers, they've decided to bring back default-insured refinances. Insured refis re-launch on January 15, 2025, after policymakers killed them off in 2016. But there's a catch...

CMHC says Canada built 30,000 fewer homes last year thanks to lofty borrowing costs. Turns out, steep rates caused small-fry investors, who account for about half of condo construction funding, to run for the hills faster than Sean "Diddy" Combs from a truth-telling contest. This spells trouble

Effective November 21, people with uninsured mortgages will be able to switch lenders without passing the federal mortgage stress test. That follows a similar move last October when the government clarified that people with transactionally insured mortgages can also switch lenders without a stress test. As for folks getting low-risk