Mortgage stress test explained: How much can you afford when buying a home?

Mortgage stress test explained: How much can you afford when buying a home?. Beginners Guide to Refinancing Your Mortgage!

Mortgage stress test explained: How much can you afford when buying a home? video duration 11 Minute(s) 58 Second(s), published by Homebuyer's School on 06 09 2018 - 23:04:45.

In this episode, the mortgage stress test is explained and see how much you can afford when buying a home
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please like share in Facebook page : https://www.facebook.com/Advocate-Sowjanya-355068781750845/ please Follow On Facebook In today's episode you'll learn the pros and cons of refinancing with the beginners guide to refinancing your mortgage! #GuideToRefinancingYourMortgage One In today's episode you'll learn the pros and cons of refinancing with the beginners guide to refinancing your mortgage! #GuideToRefinancingYourMortgage One .

In this episode, the mortgage stress test is explained and see how much you can afford when buying a home. 💬 Remember to get your FREE guide from the experts before buying your next home: http://stories.brookfieldresidential.com/54-proven-expert-tips-you-need-to-know-today-before-buying-a-home

About this video:
How does the mortgage stress test affect your ability to buy a home? Just how much can you afford? In this episode, we build upon our previous video on the new mortgage rules and mortgage stress test. We explore how the stress test is applied for those who put more or less than a 20 percent down payment. We review how the stress test impacts variable and fixed-rate mortgages, what income you need to pass the stress test and if you can avoid it. Finally, we discuss how the recent interest rate hikes have affected the test.
#mortgage #mortgagestresstest #mortgagerates

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