Sentences with phrase «tighter mortgage qualification rules»

Rising mortgage rates and tighter mortgage qualification rules have hit first - time homebuyers particularly hard, and activity was pulled - forward late last year in advance of the new OSFI rules.

Not exact matches

One area that remains a major concern for the central bank is the growing share of uninsured mortgages, those with loan to value ratios at or below 80 per cent, which is being fuelled by higher Toronto and Vancouver home prices and tighter qualification rules for insured mortgages.
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