News for Canadians is the proposed increase in the mortgage stress test level on June 1, 2021. How will this impact your purchasing power and ability to qualify for a mortgage?
Shopping for a mortgage approval in Toronto? First, calculate your Gross Debt Service and Total Debt Service ratios (Or GDS & TDS).
Thinking of buying a house in Toronto or the GTA? Before you go shopping, learn 3 easy steps to find the maximum price house you can afford.
Learn about the Canadian Mortgage Stress Test 2021 rules and how they apply to get you approved for a Canadian bank mortgage.