August 2019

Great News! The Bank Of Canada decrease rates in the Stress Test

Posted on Aug 31, 2019

Finally, we have a long-overdue break for people that are in a position to renew their already existing mortgage or people that wish to secure their first mortgage loan. The Bank of Canada has dropped their mortgage qualifying rate from 5.34% down to 5.19%. 

For homeowners and home buyers, this is fantastic news. Though it may seem like a difference...

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