Sentences with phrase «mortgage qualification rules introduced»
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.
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Because of this reason, the government introduced some new mortgage rules in Canada and revised the qualification criteria further.
Recently representatives of Mortgage Professionals Canada met with dozens of members of Parliament and senior government officials to discuss housing affordability, availability and accessibility, and to outline concerns about the government's changes to mortgage qualification rules that were introduced laMortgage Professionals Canada met with dozens of members of Parliament and senior government officials to discuss housing affordability, availability and accessibility, and to outline concerns about the government's changes to mortgage qualification rules that were introduced lamortgage qualification rules that were introduced last fall.