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Too many borrowers got loans for which they didn't qualify. Many of them struggled to make their mortgage payments, sold their homes for a.
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New Report Examines Impacts of Mortgage Stress Tests on Canadian Economy and Housing Market Economy and mortgage stress test continue to impact Calgary’s resale housing market Posted on April 18, 2019 By Mario Toneguzzi In the past year, real estate boards across the country have pointed to the mortgage stress test as the key factor in bringing down the level of MLS activity in major markets in Canada – including Calgary.
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