OSFI Proposal to End Canada Mortgage Stress Test What It Means for Homebuyers

  • Real Estate News
  • Apr 01, 2025


Image by: unsplash

The article discusses the potential end of Canada’s mortgage stress test, following a proposal by the Office of the Superintendent of Financial Institutions (OSFI). OSFI suggests adjusting the current stress test criteria, allowing more flexibility for lenders in evaluating borrowers' ability to repay loans. The change could have significant effects on Canada's housing market, particularly by easing some restrictions for homebuyers, especially in expensive markets like Toronto and Vancouver. Experts weigh in on the potential pros and cons of this proposal.

Read the full article on: REAL ESTATE MAGAZINE

Share this post:
home worth
YOUR HOME WORTH
Find out what is your home worth in today's market.
Get Started
home worth
FIND YOUR DREAM HOME
Get notified instantly of homes meeting your exact criteria.
Get Started
M
Michael Bailey
Michael Bailey
Do you have questions?
Call or text today, we are here to help!