Mortgage stress test rules may be pushing borrowers towards unregulated lenders

Home/Blog/Mortgage stress test rules may be pushing borrowers towards unregulated lenders
  • Advertiser Disclosure

    You’re our first priority.
    Every time.

    We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free.

    So how do we make money? Our partners compensate us. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services.

  • Mortgage stress test rules may be pushing borrowers towards unregulated lenders
    Mortgage stress test rules may be pushing borrowers towards unregulated lenders

    A new report from the Bank of Canada says some borrowers who don’t qualify under the tougher mortgage stress tests may turn to private lenders. (THE CANADIAN PRESS/Sean Kilpatrick) The Bank of Canada released data this week that shows stricter mortgage rules along with higher interest rates have helped […]

    Go to Top