{"id":3295,"date":"2017-11-09T22:18:52","date_gmt":"2017-11-10T03:18:52","guid":{"rendered":"http:\/\/www.olgaouspenski.net\/blogwp1\/?p=3295"},"modified":"2017-11-09T22:18:52","modified_gmt":"2017-11-10T03:18:52","slug":"stress-test-to-impact-move-up-home-buyers-the-most","status":"publish","type":"post","link":"https:\/\/www.olgaouspenski.net\/blogwp1\/stress-test-to-impact-move-up-home-buyers-the-most\/","title":{"rendered":"Stress test to impact &#8216;move-up&#8217; home buyers the most"},"content":{"rendered":"<blockquote>\n<p style=\"text-align: justify;\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignleft  wp-image-2370\" src=\"https:\/\/i0.wp.com\/www.olgaouspenski.net\/blogwp1\/wp-content\/uploads\/2013\/07\/WAITING150.png?resize=93%2C186\" alt=\"\" width=\"93\" height=\"186\" \/>The newest set of mortgage restrictions announced by the Office of the Superintendent of Financial Institutions (OSFI) will hit home buyers looking to upgrade to new properties the hardest, according to BMO financial group chief economist Doug Porter.<\/p>\n<p style=\"text-align: justify;\">\nMove-up buyers would be disproportionately impacted because they would be most likely to have home equity and qualify for an uninsured mortgage, Porter explained.<br \/>\nThe guidelines, similar to OSFI\u2019s draft release in July, are scheduled to take effect on January 1, 2018.<\/p>\n<p>\u201cThis is potentially more wide ranging and it will dampen the housing market in 2018, probably more significantly than we saw (with) the earlier federal measures,\u201d Porter told the Toronto Star.<\/p><\/blockquote>\n<p>Read full article <a href=\"http:\/\/www.mortgagebrokernews.ca\/news\/stress-test-to-impact-moveup-home-buyers-the-most-232638.aspx\">&gt;&gt;&gt;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The newest set of mortgage restrictions announced by the Office of the Superintendent of Financial Institutions (OSFI) will hit home buyers looking to upgrade to new properties the hardest, according to BMO financial group chief economist Doug Porter. Move-up buyers would be disproportionately impacted because they would be most likely to have home equity and &#8230; <a title=\"Stress test to impact &#8216;move-up&#8217; home buyers the most\" class=\"read-more\" href=\"https:\/\/www.olgaouspenski.net\/blogwp1\/stress-test-to-impact-move-up-home-buyers-the-most\/\" aria-label=\"Read more about Stress test to impact &#8216;move-up&#8217; home buyers the most\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-3295","post","type-post","status-publish","format-standard","hentry","category-immobilier"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p1UEHj-R9","_links":{"self":[{"href":"https:\/\/www.olgaouspenski.net\/blogwp1\/wp-json\/wp\/v2\/posts\/3295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.olgaouspenski.net\/blogwp1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.olgaouspenski.net\/blogwp1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.olgaouspenski.net\/blogwp1\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.olgaouspenski.net\/blogwp1\/wp-json\/wp\/v2\/comments?post=3295"}],"version-history":[{"count":2,"href":"https:\/\/www.olgaouspenski.net\/blogwp1\/wp-json\/wp\/v2\/posts\/3295\/revisions"}],"predecessor-version":[{"id":3297,"href":"https:\/\/www.olgaouspenski.net\/blogwp1\/wp-json\/wp\/v2\/posts\/3295\/revisions\/3297"}],"wp:attachment":[{"href":"https:\/\/www.olgaouspenski.net\/blogwp1\/wp-json\/wp\/v2\/media?parent=3295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.olgaouspenski.net\/blogwp1\/wp-json\/wp\/v2\/categories?post=3295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.olgaouspenski.net\/blogwp1\/wp-json\/wp\/v2\/tags?post=3295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}