Chad Moore Calgary Mortgage Broker

Hey Everybody!

Last week I sent you a video about down payment.

To be brutally honest, if you don’t have a down payment to purchase a home –
you could make $1M a year in salary, for all the Bank cares.  You will not be
approved.

Today, I have another video for you about Qualifying ratios.

Have you ever thought about arranging your Mortgage with a fixed interest rate
or a adjustable interest rate?

In some cases, if you REALLY want to purchase a home, you may not have
a choice in the matter.

The Bank of Canada has made a rule that for those who want ANYTHING less
than a 5 year fixed interest rate, they have to qualify at the Bank of Canada’s
contract interest rate.

This effects your purchasing power.

It also tells me that the Bank of Canada is eventually expecting HIGHER INTEREST
rates.

This information is a MUST know if you are thinking about purchasing a home in the
next 6-12 months.

If you are reading this and thinking about purchasing a home in 2015 or 2016 PLEASE
connect with me sooner or later to begin your home purchasing journey.

Talk soon,

Chad Moore
403-809-5447