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19 Jul

Mortgage Qualifying Rate Drops!

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Exciting news for borrowers!  The Bank of Canada Qualifying rate has decreased from 5.34% to 5.19%. This is the first decrease that we’ve seen in the qualifying rate since September of 2016. If you did a little happy dance, that’s understandable….so did we!

Ribfest 2019 Grande Prairie with HT Mortgage Group . (Shown here Alycia, Gert and Carmen)

 

What does the decrease mean for your mortgage pre-qualification? The change would increase a client’s buying power.  Call us today for more information.

780-513-6611