The Bank of Canada lowered the qualifying rate used in the mortgage “Stress Test” from 5.34% to 5.19% for the first time since 2016. What does it mean for you? Watch the video below to learn how the reduced qualifying rate will impact you and your next mortgage.
This is the first time we have seen a major step towards increasing your buying/borrowing power since the “Stress Test” was introduced.
Call 416-480-0234 to find out how much more money you qualify for if you are:
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