Posted in: Zone 15, Edmonton Real Estate
I have sold a property at 10937 89 AVE in EDMONTON.
Fantastic Garneau location. Only steps to the U of A, University Hospital and all amenities. This 1045 square foot bungalow features a total of 5 bedrooms (2 up and 3 down), 2 full baths, gleaming hard wood, open living and dinning area, and fully finished basement. Recent upgrades include some paint, high efficiency furnace, both bathrooms have been updated, and a new over sized double detached garage. Great home with great character and an unbeatable location.
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.