Graham Ogden

B Comm and Realtor®

Direct: 1 780 908-1224 |

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I have listed a new property at 171 1804 70 ST in Edmonton.
Great value in this 2012 built townhouse complete with central air conditioning and DOUBLE garage. The main floor is open concept with a large living room featuring hardwood floors, modern kitchen and eating area. Upstairs boasts the main 4 piece bath, 3 bedrooms including the master with it's own ensuite and walk-in closet. Out front a small fenced yard for your BBQ and enjoying warm weather. Close to all amenities, schools and exclusive Summerside Home Owners perks including the lake, tennis courts, and club house. Definitely worth a look!

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.

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