The Bank of Canada have reduced the benchmark qualifying interest rate from 5.34% to 5.19 %
This means you have slightly more purchasing power.
Currently a 5yr. fix mortgage rate is 2.65% OAC
Looking to purchase or refinance and want to know your full buying power,
give me a call I think you’ll be pleasantly surprised by what I can do for you.
Dominion Lending BTB Mortgage Solutions
5017 Victoria Ave.