Randy Selzer’s Real Estate Podcast

Bank Stress Test with Sherry Love Scotiabank

September 25, 2017

Our special guest today is Sherry Love, a senior mortgage specialist with Scotiabank, and we discuss the "Stress Test", which is a bank requirement for people applying for residential mortgages in Canada. Sherry explains how this works - how people must now qualify at a higher rate than the actual mortgage that they are getting. 

 

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