12/24/2024
💰 Are you missing out your monthly savings? The latest rate drop could be your golden ticket!
Imagine slashing your mortgage payment by nearly $1000 every month. Sounds too good to be true? It's not! 🏠✨
The Bank of Canada's prime rate has dropped from 7.20% to 5.45% since January. That's a whopping 1.75% drop! 📉
Here's what it means for you:
• $800,000 mortgage
• 30-year amortization
• 0.5% discount on prime
Before: $5,113/month
Now: $4,245/month
That's $868 back in your pocket EVERY MONTH! 💸
Thinking about buying, refinancing, or just curious? Let's connect ! I'm here to help you navigate these exciting changes.
Get in touch with me to discuss more !
