“APCHQ suggests changes to mortgage rate stress test for variable and fixed rate mortgages”

“APCHQ suggests changes to mortgage rate stress test for variable and fixed rate mortgages”

The Office of the Superintendent of Financial Institutions (OSFI) recently held consultations on residential mortgage underwriting practices and procedures (Guideline B-20). In an effort to mitigate the risks arising from high consumer indebtedness, OSFI was seeking comments on various mortgage debt repayment measures, including the mortgage rate stress test. To verify the borrower’s ability to … Read more

“Cosmopolitan and International: The Carbon Apartment by CoDA Arquitetos”

“Cosmopolitan and International: The Carbon Apartment by CoDA Arquitetos”

Carbon Apartment, designed by the Brazilian architecture firm, CoDA arquitetos, is a stunning example of innovation and sustainability in modern housing design. The building has garnered critical acclaim for its unique, minimalist structure, which incorporates socially responsible elements like energy efficiency and natural ventilation. In this article, we will take a closer look at CoDA … Read more

Offenbach begins the rehabilitation of the main dam

Offenbach begins the rehabilitation of the main dam

NoThe renovation of the Offenbach main dam, which has been planned for more than a decade, is also due to start this month. According to the city, the start will be in the Rumpenheim district. Downtown-level redevelopment between the Innovation Campus, a former Clariant site, and the Carl Ulrich Bridge will follow in 2024 and … Read more

The Haaner TV gym keeps up with the times

The Haaner TV gym keeps up with the times

For the members of Haaner TV there was also a ray of hope in the difficult Corona times of the last few years. In mid-June 2021, the club received notification that it would receive funding under the NRW “Modern Sports Facility” program. For the largest club in the garden city, which experienced a decline in … Read more