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The Globe and Mail recently reached out to President and CEO, Paul Taylor for insight on the issue of assisting first-time homebuyers as they battle with mortgage stress-test qualifying rules.
Cited as leading the charge in the quest for a reassessment of mortgage rule changes, Mortgage Professionals Canada outlines our serious concerns with the rules, particularly how they are negatively impacting competition in the marketplace and making it harder for many Canadians to achieve homeownership resulting in a housing market slowdown.