RBC's "qualifying rate" for now is still 5.14%

Below is the reply from a RBC Mortgage Advisor re: which rate they use as qualifying rate:

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FOR HOMELINE PLAN APPLICATION WE ARE 
STILL USING 5.14% TO QUALIFY CLIENT 
TRYING TO CONTROL TDS AT 40ISH%

THIS QUALIFYING RATE GETS UPDATE
EACH DAY BUT NOT NECESSARLY EQUALS
TO THE 5YR FIX POST RATE. 

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FOR CONVENTIONAL MTG APPLICATION, 
IF THE RATE PROPOSED ON APPLICATION IS 
1/2/3/4 FIX RATES, RBC IS USING 5.14% TO 
QUALIFY THE CLIENT. YET, FOR 5+YR FIX 
RATE APPLICATIONS WE CAN USE THE ACTUAL 
RATE OFFERED TO THE CLIENTS. 

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SO, IF YOU TRY TO MAX OUT YOUR BORROWING
POWER, YOU SHOULD GO FOR 5YR FIX W/ 
MAX 30 YR AMT'N. 

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INSU OR CONVENTIONAL DEAL DOESN'T MAKE A DIFFERENCE.