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Should Canada ditch the mortgage stress test?
Manage episode 435029050 series 2343758
Greg (@GregBradyTO) speaks with Dr. Eric Kam, Economics Professor at Toronto Metropolitan University, about Canada's real estate market experiencing a slow summer, despite interest rate cuts. This has prompted some in the industry to call for an end to the stress test – a tool that determines whether a person can qualify for a mortgage. But would it be a good idea?
Learn more about your ad choices. Visit megaphone.fm/adchoices
1612 afleveringen
Manage episode 435029050 series 2343758
Greg (@GregBradyTO) speaks with Dr. Eric Kam, Economics Professor at Toronto Metropolitan University, about Canada's real estate market experiencing a slow summer, despite interest rate cuts. This has prompted some in the industry to call for an end to the stress test – a tool that determines whether a person can qualify for a mortgage. But would it be a good idea?
Learn more about your ad choices. Visit megaphone.fm/adchoices
1612 afleveringen
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