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New stress test to affect higher-end of real estate market, mortgage broker says

Prospective home buyers have a new hurdle to clear in the form of a "stress test" for uninsured mortgages but a local mortgage broker is predicting it will only slow the sales of higher-end homes. As of January 1, even those who can pony up a 20-per-cent ...

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January 2, 2018 03:40 PM