Posted in: Leduc, Leduc Real Estate
I have listed a new property at 3 APACHE CRES in Leduc.
Bank foreclosure with 4 bedrooms up and 5 total! Family home requiring substantial updating sold "as is, where is". Features a main floor family room with wood burning fireplace as well as main floor laundry. Large bright windows. Oversized heated double detached garage, fenced yard and deck. Lots of potential here.
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.