OSFI says it may tweak mortgage stress test as interest rates climb, housing market cools - The Globe and Mail

Since the Office of the Superintendent of Financial Institutions toughened the mortgage stress test last June, the country’s housing market and borrowing conditions have changed significantly

Fixed-mortgage rates are quickly rising as the Bank of Canada embarks on an aggressive round of interest-rate hikes, and could soon top OSFIs minimum qualifying rate of 5.25 per cent.Jonathan Hayward… [+4277 chars]

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