Greg and his wife Nancy are selling their home in Warman Sask. to make the move to Peace River in Norther Alberta. Greg is a senior co-ordinator for Atco Group of Companies in northern Alberta with more than 20 years of experience.
They couple would like to buy a place in Alberta before their Warman home sells. Under the old qualifying rules, they could purchase a $280,000 home. With the new qualifying rate of 4.64 per cent, they can only purchase a $150,000 home, severely limiting the options in their new city.