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A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Monday, July 15, 2019

ATB chief calls for review of mortgage stress test

The chief executive of Alberta provincial lender ATB Financial has joined the chorus of voices calling for a review of the B-20 mortgage guidelines.

Specifically, Curtis Strange says that the government should look again at the requirements of the stress test for mortgage borrowers, which he says are preventing some Canadians from becoming homeowners.

Speaking to Bloomberg BNN, Mr Strange said that the combination of the mortgage stress test and higher interest rates are making it difficult for some potential buyers.

The ATB leader also spoke about the housing market in Alberta and said that the impact of the oil industry price slump is still evident.

Across the national market, Mr Strange said that conditions have changed in the years since the updated B-20 mortgage guidelines were decided on and then introduced.

MBN

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