Scheer pledges to make mortgages longer, remove stress test for renewals https://t.co/KgWVLNbNv1 #cdnpoli pic.twitter.com/KIiVsYC37S
— BNN Bloomberg (@BNNBloomberg) September 23, 2019
From :BNN
Conservative Leader Andrew Scheer is laying out a plan this morning he says will make it cheaper for Canadians to buy a home.
Scheer says he’d return to allowing people to take out 30 year mortgages to help lower monthly payments, and ease what’s known as the stress test on mortgages, and remove the test altogether from mortgage renewals.
A Conservative government would also make surplus federal real estate available for development to increase housing supply, and launch an inquiry into money laundering in the real estate sector.
