Banking regulator to relax stress-test rules for homeowners switching lenders at mortgage renewal
- Posted on September 25, 2024
- By The Globe and Mail
- 3 Views
Banking regulator to relax stress-test rules for homeowners switching lenders at mortgage renewal
As of Nov. 21, the Office of the Superintendent of Financial Institutions will no longer require banks to apply the mortgage stress test on borrowers who are switching banks when renewing their loans
