12/07/2022
Dec 7, 2022 - Bank of Canada increased its interest rate by 50 Basis Points making the Prime Rate at 6.45% now.
With this increase comes a lot of questions and uncertainty from homeowners or prospective buyers. Some common questions are:
▪️ Is a Variable/ Adjustable rate mortgage still a good option?
▪️ Should I lock into fixed rate?
▪️ Can I qualify for more with variable/ adjustable rate mortgage?
Contact us today with any of your questions.
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Contact us:
📞 780-991-2050
📧 [email protected]
🌎 www.regalmortgagegroup.com
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