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OSFI Drops Stress Test for Uninsured Borrowers Switching Lenders!

OSFI Drops Stress Test for Uninsured Borrowers Switching Lenders!

Starting November 21st, uninsured mortgage holders in Canada can switch lenders at renewal without the stress test if their loan amount and term stay the same.

How will this impact lender competition? 

#MortgageNews #CanadianRealEstate #OSFIUpdate

Click here for more info.

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