Stress test latest, Alternative lending, BoC rates, Housing supply, More

Could OSFI relax its mortgage stress test?

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24 June 2022

Top news Could OSFI relax its mortgage stress test? The regulator has indicated it may be prepared to tweak the measure "if conditions change" Federal budget measures help fuel demand for alternative lending Options fill the gaps where traditional solutions fall short That knock on the door is mortgage protection, here to help protect your clients Manulife Mortgage Protection Plan includes life and disability cover to help your clients protect what matters most Manulife Former BoC governor: Central bank made a "fairly serious" communications mistake Canadians were led to believe that the low-rate environment would prevail indefinitely, says David Dodge CMHC: Millions of additional housing units needed to ensure affordability Ongoing challenges in the construction industry could get in the way of this target Private lending: What brokers need to know Executives from private lending giants on the main things brokers should keep in mind CMP Private Lending Power Panel Poll: Affordability erosion continues to alter Canadians' ownership plans Majority of Canadians believe that buying a home is not a good idea RBC: Canadian housing affordability at its worst in at least three decades Untrammelled price growth and mounting interest rates are taking their toll Canadian banks sink amid recession fears There has been a staggering drop… International news Central bank issues record fine over mortgages scandal Aside from fines, banks have already paid around £632 million in compensation VP untroubled by volatile rates: "They were way, way higher than this in 1990" New figurehead on mission to expand firm's eastern branch footprint It's the worst time for first home buyers since 1957 Report explores affordability crisis REIQ slams state budget for "lack of action" on housing Queensland isn't doing enough to confront affordability and accessibility issues, peak body says

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