MY TORONTO

The Mortgage Stress Test May Get More Reasonable | RateSpy.com Here's some good news for mortgagors who've been blocked from qualifying for a mortgage due to the mortgage "stress test." FROM A RECENT SPEECH TO THE C.D. HOWE INSTITUTE BY BEN GULLY* Sound Mortgage Underwriting: Foundation for Stability - Remarks to the C.D. Howe Institute, Toronto, Ontario, January 24, 2020 Good day and thank you for making the time to join me. Thank you for the kind introduction and to the C.D. Howe Institute for inviting me to speak. This is a wonderful venue for discussing important policy issues of the day. * BEN GULLY IS THE ASSISTANT SUPERINTENDENT - REGULATION SECTOR OF THE O.S.F.I.

How Buyers Can Win By Downsizing in 2020 Home values have been increasing for 93 consecutive months, according to the National Association of Realtors. If you're a homeowner, particularly one looking to downsize your living space, that's great news, as you've likely built significant equity in your home. Here's some more good news: mort

Buying a Home Early Can Significantly Increase Future Wealth According to an Urban Institute study, homeowners who purchase a house before age 35 are better prepared for retirement at age 60. The good news is, our younger generations are strong believers in homeownership. According to a Freddie Mac survey, "The dream of homeownership is alive and well