[Video] Your Weekly Rate Update - Prime Rates, Qualifying, Hot Market!?

Ok, so you are tired of hearing about all the rate change well, this one might impact you so take 2 minutes to watch the VIDEO above 👆!

Have you watched the video yet? https://youtu.be/yRn-rBI1-us

Make sure to watch the VIDEO!! It's 2 Minutes of straight goods I promise!

Big Banks Increasing Posted Rates?

What's Happening?  

  1. The Qualifying rate increased to 5.14%

Why does this matter??

  1. Posted rates are the rate which the Bank of Canada base the "Stress Test"
  2. This means that borrowers will soon qualify for a little less in nearly ALL situations
  3. How much less? about 1.5%-2% or $8,000 - $10,000 

Who Will This Impact? 

  1. Everyone buying with less than 20% down.
  2. Most borrowers who are trying to qualify to their maximum with more than 20% down.

Why Can You Do? 😎

  1. Reach out to us If you are THINKING about buying or Refinancing
  2. Send This Info & Video to everyone you know who is buying or selling or maybe refinancing Remember: they may be thinking of a refinance, investment property OR know a friend who is currently thinking of buying.
  3. Send them our way and we will give them an estimate of their before and after rule pre-qualification.
  4.  Contact us early to get ahead of the game, even if your mortgage is not up for renewal until next year.

How to Start Reach US! 📲

  1. Call 604.619.3319 / Click / or Email us!
  2. Book a call - www.calendly.comd/alexmcfadyen

More Questions or READY to get started!?

Just Ask US > Click Here to set up a call or EMAIL us