Posted in: Zone 09, Edmonton Real Estate
I have listed a new property at 11224 50 ST in EDMONTON.
Move in ready! Come and see this renovated 3 bedroom, 2 full bath Highlands property today. Substantial upgrades to entire home. Upstairs boasts 2 bedrooms, 4 piece bath, gorgeous kitchen, good sized living room and eating area. The fully developed basement is open and usable complete with a bedroom, 3 piece bathroom, flex room/den/4th room and laundry. Other upgrades include new electrical panel, new windows, new flooring (tile, Berber carpet and laminate), and kitchen appliances. An amazing starter home just for you. Great value.
Today’s Bank of Canada rate hold announcement marks almost four straight years that the key benchmark rate has remained unchanged, since September 8, 2010. Great news if you have a variable-rate mortgage or home equity line of credit; the prime rate stays at 3%.
The announcement noted that “the risks to the outlook for inflation remain roughly balanced, while the risks associated with household imbalances have not diminished.” With these considerations, the Bank is maintaining its monetary policy stimulus, and remains neutral with respect to the timing and direction of the next change.
The next rate-setting day is October 22nd.