Scanning the country like a whole, the housing industry seems healthy in the start of the fall buying season, Ms. But relax, says National Bank of Canada, we're still a far cry from in which the U. They're really at high point,' and I say, No, they are certainly not high. The tighter qualifying standard might have cut off 10 percent of borrowers using a down payment of 20 % or more, equivalent to $15 billion worth of mortgages. When those rules were rolled out last October, Finance Minister Bill Morneau said they were directed at ensuring borrowers usually do not take on mortgages they cannot afford if interest rates climb. If his films are human-centred and eclectic, a similar can be said of his music.
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