Tag: Mortgage stress test

Vender tu casa en Canadá conlleva varios costos que debes considerar cuidadosamente para planificar adecuadamente y maximizar tus ganancias. Si planeas comprar otra propiedad y necesitas mejorar tu aprobación hipotecaria pagando deudas existentes, debes considerar estos costos adicionales como parte de tu planificación financiera. Aquí te explicamos los principales costos y algunos adicionales que podrían… Continue reading Descubre los Costos al Vender tu Casa en Canadá

Selling your home involves several costs that you need to carefully consider to plan effectively and maximize your profits. If you’re planning to buy another property and need to improve your mortgage approval by paying off existing debts, these additional costs should be part of your financial planning. Here’s a breakdown of the main expenses… Continue reading Discover Key Costs When Selling Your Home in Canada

These tests play a crucial role in the home buying process, ensuring that borrowers can manage their mortgage payments even in scenarios of rising interest rates. What Exactly is a Mortgage Stress Test? A mortgage stress test evaluates your capacity to afford mortgage payments under hypothetical higher interest rates. It serves as a precautionary measure… Continue reading Understanding Mortgage Stress Tests: What You Need to Know