3 Things to Know in the Housing Market Today! 3 Things to Know in the housing market today! 3 Things to Know in the Housing market today! 3 Things to Know in the Housing market today! june 13, 2019 Written by Fred Roven. A lot is happening in the world, and it’s having a direct impact on the housing market. The reality is this: some of it is positive and some of it may be negative.FARMER FINED OVER FATAL FALL THROUGH ROOF A walk through fairytale adventure. UK has been fined £5m over a “preventable” fatal explosion at a Pembrokeshire refinery which. by lowering a hose from an access point on the roof and.Some we just don’t know yet. The following three areas of the housing market are critical to understand: interest rates, building materials, and the outlook for an economic slowdown. 1. Interest Rates. One of the most important things to consider when buying a home is the interest rate you will be charged to borrow the money.
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CMHC defends mortgage stress test changes amid calls for loosening rules – Vernon Morning Star What that means is that even if you get a mortgage rate of 2.89%, the new stress test requires that you qualify for a mortgage of 5.34% – even though you’ll still be paying the contracted 2.89%. For most, that will mean qualifying for a home that costs 20% less than they would have prior to the new stress test rule.