Sentences with phrase «mortgage qualification rules as»

First - time home buyers, as well as homeowners who need to renew their existing mortgages in 2018, will face headwinds from stricter mortgage qualification rules as well as interest rate hikes.

Not exact matches

Toronto home sales are off to the worst start in nine years, as tougher rules for mortgage qualifications and rising interest rates continue to push buyers out of the market.

Home sales nationwide fell to the lowest in more than five years in April, as bond yields and tougher mortgage qualification rules imposed in January helped cool the market.

Known as the qualified mortgage (QM), this set of rules will set the bar for mortgage - qualification standards in the U.S..

Toronto home sales are off to the worst start in nine years, as tougher rules for mortgage qualifications and rising interest rates continue to pus

At those prices, homebuyers would need an income of at least $ 100,000 in order to satisfy the lending standards for gross debt service ratios as well as tougher mortgage qualification rules introduced by federal regulators in January, Hildebrand found.

Conversely, by using the mortgage interest rate and qualification rules as an instrument of monetary policy, they have sledgehammered the entire national housing industry, to try a cool down two urban markets (Toronto and Vancouver).