New report shows mortgage stress test causing headaches for would-be homebuyers in Lethbridge

By Justin Goulet (@JustinGoulet21)
LETHBRIDGE, AB – The federal mortgage stress test is causing issues for would-be first-time homeowners in the Lethbridge area.
A new report by the Building Industry & Land Development Association Lethbridge Region (BILD) and the Lethbridge and District Association of Realtors (LDAR) looks at the impact the Canada-wide mortgage stress test has had on the local housing market.
The stress test is also known as B20 and requires borrowers to show they can