What You Need to Know: Changes to Canada's Mortgage Stress Test
Feb 25, 2020
Written by
Ryan BerlinSHARE THIS
Effective 6 April 2020, the federal government is changing the stress test for insured mortgages. The new minimum qualifying rate will be the weekly median five-year fixed contract mortgage rate plus 200 basis points, increasing buying power by 2.7% for impacted borrowers. Our rennie intelligence team comprises our in-house demographer, senior economist, and market analysts. Together, they empower individuals, organizations, and institutions with data-driven market insight and analysis. Experts in urban land economics, community planning, shifting demographics, and real estate trends, their strategic research supports a comprehensive advisory service offering and forms the basis of frequent reports and public presentations. Their thoughtful and objective approach truly embodies the core values of rennie.
Written by
Related
Over the course of 2025, the Coachella Valley housing market posted a moderate gain in total sales relative to 2024. Nonetheless, the two years ranked as the slowest for sale counts in the past decade. Inventory similarly increased moderately over the year, but remained meaningfully below long-run norms.
Jan 2026
Report
Annual sales in Greater Victoria were trending toward a small year-over-year gain through the first 11 months of 2025, but a slower December resulted in a small decline. Last year registered the most new listings since 2011, and inventory closed the year at the highest level since 2014.
Jan 2026
Report