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Mike Morisset Mortgage Minute – Episode #9

Bank of Canada Qualifying Rate and Who it Affects

As of April 19, 2010 certain mortgage products are required to qualify at the Bank of Canada’s Qualifying Rate. This video explains how the Qualifying Rate works and what mortgage products are affected by it.

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Posted in Home Loan/Mortgage Types, Interest Rate News, Videos. Tagged with , , , , , , , , , .

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