Meagen Mackenzie, Okotoks Real Estate, Okotoks REALTOR®, Okotoks Homes For Sale

           Associate Broker/REALTOR®

Cell: 403-818-1609 |

Calgary & Okotoks Real Estate

Meagen Mackenzie REMAX IREALTY INNOVATIONS, Okotoks Real Estate, Okotoks REALTOR®, Homes for Sale in Okotoks

on my blog

Back to Blog

Mortgage qualification changes coming

 

What this means for homebuyers: If you're putting less than 20% down & you've been pre-approved by your mortgage lender, if you don't purchase a property by Oct 17, you may no longer qualify for the same purchase price. You will have to re-qualify at the Bank of Canada Benchmark rate, which could potentially force you into a lower priced home. 

 

For full details, visit this Financial Post article here: http://bit.ly/2drdjYD



Comments

comments powered by Disqus