Sentences with phrase «year benchmark»

Under incoming rules, the mortgage application faces a stress test using the Bank of Canada's current five - year benchmark rate of 4.89 per cent.

1) You're subject to a less strict mortgage stress test (you're only stress tested against the Bank of Canada's five - year benchmark rate, but

1) You're subject to a less strict mortgage stress test (you're only stress tested against the Bank of Canada's five - year benchmark rate, but not your contract mortgage rate plus two percent).

You'll need to qualify at the greater of the Bank of Canada's five - year benchmark rate (currently 4.99 percent) or your contract mortgage rate plus two percent.

of the Bank of Canada's five - year benchmark rate (currently 4.99 percent) or your contract mortgage rate plus two percent.

The new guidelines now require federally regulated financial institutions to vet applicants for uninsured mortgages by using a minimum qualifying rate equal to the greater of the Bank of Canada's five - year benchmark rate (currently 4.89 %) or their contractual rate plus 2 percentage points.

The new mortgage lending rules introduced by the Office of Superintendent of Financial Institutions (OSFI) require home buyers to prove that they can service their uninsured mortgage at the contractual rate plus two percentage points or the five - year benchmark rate published by the Bank of Canada.

A recently released 10 - year benchmark study commissioned by the CREW Network found that women in commercial real estate are more satisfied with their career progression than they...

The new stress test will require Canadians making down payments of more than 20 per cent of a home's value — who do not need mortgage insurance — to prove they can afford their mortgage payments based on the greater of the Bank of Canada's five - year benchmark rate (currently 4.99 per cent) or their contract mortgage rate plus two percentage points.

Let's consider a scenario in which an average household making $ 150,000, with minimal debt and a deposit of 20 per cent or more, gets approved for a mortgage rate that is more than two percentage points below the current Bank of Canada five - year benchmark of 4.89 per cent.

The guideline requires federally regulated financial institutions to vet applicants for all uninsured mortgages using a minimum qualifying rate equal to or greater than the five - year benchmark rate published by the Bank of Canada or their contractual mortgage rate plus two percentage points.

And yetB, using Dr. Wetzel's 30 year benchmark, it would considered be «meaningless» until we had more data.

In order to get a loan from a federally regulated lender, home buyers have to prove that they can service their uninsured mortgage at a qualifying rate of the greater of the contractual mortgage rate plus two percentage point or the five - year benchmark rate published by the Bank of Canada.

The new rules introduced by the Office of Superintendent of Financial Institutions require homebuyers to prove that they can pay their uninsured mortgage at the negotiated rate plus two percentage points or at the five - year benchmark rate published by the Bank of Canada — currently 5.14 per cent.

The rules for federally regulated lenders introduce a stress test for borrowers with a more than 20 per cent down payment to prove that they can service mortgage at a qualifying rate of the greater of the contractual mortgage rate plus two percentage point or the five - year benchmark rate published by the Bank of Canada.

For the purpose of calculating the Step - up Coupon rates for Savings Bonds, the 1, 2, 5 and 10 - year benchmark SGS yields are used as reference.

VCIT defines intermediate - term bonds as those expiring in the next 5 - 10 years, a reasonable position, but one that puts it at odds with our 1 - 10 year benchmark.

Under the new rules, financial institutions will now require both insured and uninsured borrowers to undergo the stress test and qualify at the greater of two options: either the five - year benchmark rate published by the Bank of Canada (currently 4.89 per cent), or the contractual mortgage rate plus two percentage points.

On Dec 18, 2013, as RBI unexpectedly left the repo rate at 7.75 %, the 10 year benchmark yield fell from 8.91 % to as low as 8.52 %.

And as of Jan. 1, buyers who don't need mortgage insurance are required to prove they can handle payments at a qualifying rate of the greater of the central bank's five - year benchmark rate or two percentage points higher than the contractual mortgage rate.

Funds above 0 % on the y - axis (plotted between -6 % and 6 %) appear to have outperformed by generating returns in excess of the 4.84 % per year benchmark return we used over the 10 - year period.

The new rule changes now require the minimum qualifying rate for uninsured mortgages to be the greater of the five - year benchmark rate published by the Bank of Canada (4.89 % today) or the contractual mortgage rate +2 %.

This has put ten - year benchmark yields within a whisker of tackling the pivotal level at 3.28 % (though five - year will probably lead on a break below 2.15 %).

Since last November the difference between Government of Canada 5 year benchmark bond yields and posted rate (qualifying rate) have never been so high.

The rules now require the minimum qualifying rate for uninsured mortgages to be the greater of the five - year benchmark rate published by the Bank of Canada (presently 4.89 %) or 200 basis points above the mortgage holder's contractual mortgage rate.

In this case, the family's mortgage rate, plus 200 basis points, is greater than the Bank of Canada five - year benchmark of 4.89 %.

In this case, the family's mortgage rate, plus 200 basis points, is less than the Bank of Canada five - year benchmark of 4.89 %.

The rules will require conventional mortgage applicants to qualify at the Bank of Canada's five - year benchmark rate (now 4.99 %) or the customer's mortgage interest rate plus 2 %, whichever is greater.

The changes will go into effect on January 1, 2018, and will require conventional mortgage applicants to qualify at the Bank of Canada's five - year benchmark rate or the customer's mortgage interest rate plus 2 %,... Read More

The changes will go into effect on January 1, 2018 but lenders are expecting to roll this rules out to their consumers between December 7th — 15th, and will require conventional mortgage applicants to qualify at the Bank of Canada's five - year benchmark rate or the customer's mortgage interest rate +2 %, whichever is greater.

Government bonds are 10 - year benchmark issues.

Starting Oct. 17, all buyers with high - ratio mortgages — less than a 20 per cent down payment — must qualify based on the five - year benchmark posted rate, even if they have negotiated a lower five - year fixed - ate term.

The thirty - year benchmark in the compact premium sport class, the BMW 3 Series has been a paragon of performance with straight six and four - cylinder engines up to now.

Finally, each student's predicted and goal scores for the spring screening are shown next to the end of year benchmark for the grade.

When reviewing student screening data to identify which students need additional instruction and intervention, the FastBridge system uses two primary symbols to indicate which students might be at risk for not meeting end - of - year benchmark goals:

Goal: Suggested weekly score gain needed by the student in order to reach the end of year benchmark

Sample: Our Observation / Our Reaction / Our Next Action — Recently, our learning team gave a mid year benchmark exam.

«When first - graders read from text with at least a moderate amount of consistent linguistic information, more reach the end - of - the - year benchmark than students who read text with less consistent information but more of it.»

I appreciate you hosting the party, and congratulations on reaching the one - year benchmark — well done!

The neuron - packed brain region — it's tucked underneath the cerebral hemispheres and plays a role in motor control and cognitive functions, such as attention and language — seemed to stop aging at the 80 - year benchmark, which meant it remained fully functional but somehow impervious to deterioration of time for decades.

Starting Oct. 17, all buyers with high - ratio mortgages — less than a 20 per cent down payment — must qualify based on the five - year benchmark posted rate, even if they have negotiated a lower five - year fixed - ate term.

It sold 3.397 billion euros of a new two - year benchmark issue carrying a coupon of 2.75 percent.

To qualify for federally regulated mortgages, borrowers must be able to afford interest rates that are two percentage points above the contracted rate or the Bank of Canada's five - year benchmark rate, whichever is higher.

Their profit margins are roughly measured by the difference between mortgage rates and the banks» own costs of borrowing, which is approximated by the Bank of Canada's five - year benchmark bond rate — about 1.2 %.

It was nudging up at 2.96 percent on Tuesday, which also left the gap between U.S. and German 10 - year benchmark bond yields just off its widest level in nearly three decades.

Next week we are administering our end of year benchmarks.

The expected performance is usually determined by one of a number of methods, such as end of the year benchmarks or proficiency levels for the student's grade or research - based rate of improvement norms.

Most investors are served poorly by funds with single - year benchmarks.

Government of Canada 5 years benchmark bond yield reached an eleven weeks high (1.47 %)

National Foster Care Adoption Attitudes Survey (PDF - 2,991 KB) Dave Thomas Foundation for Adoption (2013) Presents the results from a five - year benchmarking survey of national attitudes toward foster care adoption in the United States.