Posted in: Zone 14, Edmonton Real Estate
I have sold a property at 53 1128 156 ST in EDMONTON.
Bank Foreclosure. Property is being sold "As is, Where is". 3 bedroom, 2 1/2 bath with attached double garage. Finishings are modern with laminate flooring, gas fire place, and an unfinished basement. Property is close to all amenities, shopping, schools, transit as well as the Anthony Henday and Whitemud freeways.
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.