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Canadian Mortgage News Daily — May 17, 2021

Daily news buttletin

Here’s a daily helping of fresh Canadian mortgage news (the italics are the Spy’s 2 cents).

Reader note: RateSpy’s mortgage news is now at → RATESDOTCA.

  • Exasperation with government grows among brokers (Mortgage Broker News)
    • This broker argues the stress test causes higher prices because people don’t list their existing homes when they can’t qualify for a mortgage. Really? Aren’t those same people also removed from demand because they can’t qualify?

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