Do you know what the stress test is? How it impacts you specifically?
If you don't or are making any assumptions about it then this is for you!
I had the pleasure of being invited back on the Kelly Hale Real Estate Podcast where we discuss the stress test and it's impact on borrowing power. If you have additional questions after listening to the podcast or are in the market for a mortgage broker I would love to help you, call me today. If you'd like to get in contact with Kelly you can connect with her here or ask me for a personal introduction!
**note the stress test rate has changed from 5.34% to 5.19% since this podcast was recorded**