Qualifying for a mortgage in 2021 may be a different process from years past. The coronavirus pandemic has prompted many lenders to change home loan requirements and altered the evaluation process for ...
OTTAWA — The bar is now higher for homebuyers to qualify for mortgages in Canada after the central bank raised a key metric used in stress tests that determine borrowers’ eligibility.
A residential property can often represent long-term stability and financial growth. With rising real estate prices across urban and semi-urban areas, a home loan has become a practical solution to ...
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