Bank Stress Test with Sherry Love Scotiabank

25/09/2017 10 min Episodio 3
Bank Stress Test with Sherry Love Scotiabank

Listen "Bank Stress Test with Sherry Love Scotiabank"

Episode Synopsis

Our special guest today is Sherry Love, a senior mortgage specialist with Scotiabank, and we discuss the "Stress Test", which is a bank requirement for people applying for residential mortgages in Canada. Sherry explains how this works - how people must now qualify at a higher rate than the actual mortgage that they are getting.