No surprises from @OSFICanada today. It has officially finalized the new stress test. Effective June 1, the minimum qualifying rate for uninsured mortgages at federally-regulated lenders—e.g., banks—will be the greater of the contract rate + 2%, or 5.25%.
https://t.co/Vt66gr720X
Many without a 20% down payment will find it harder to get a mortgage, come June 1. That's because the govt announced today that it will apply the new uninsured stress test to insured mortgages as well: https://t.co/uH6mRtFbWJ @ratesdotca
“Team mask” ... because: science & medical SMEs ... it’s a minor/annoying inconvenience ... I’d like this 2 be over soon ... I wouldn’t thrive on a ventalator ... I really want my family/neighbourhood/community to remain as healthy as can be ... oh, also science & medical SMEs.
June is Indigenous History Month. One of the ways we look to honour the diversity and history of Indigenous communities in Canada is by sharing works of key artists in our Art Collection. View a selection from the collection online. https://t.co/D7YKWkfv5s #TDReadyCommitment
Rent day: please pay your rent or as much as you can. Governments are providing income and rent support to help save people’s homes and jobs. A healthy housing market requires landlords and tenants all to do their part. #NoEvictions#paywhatyoucan
A deferral is not a #mortgage amnesty. Make sure you understand the options available to you if you are struggling to pay your #mortgage due to #COVID19: https://t.co/gGaiPrhmBF
If you are financially impacted by COVID-19 and are worried about an upcoming mortgage or TD Home Equity FlexLine Term Portion payment, let's find a solution together. Learn more at https://t.co/5LfLfhhBS4
I’ve been stressed about #COVID19 for weeks & then my isolation buddy Diego suddenly gets sick with terminal cancer & has to start chemo. Life is random & unpredictable. Love + caring for others is what matter most. Canine or otherwise. #LifeLessons