Posted in: Leduc, Leduc Real Estate
I have listed a new property at 66 Willow Park Estates in Leduc.
Unit is being sold "as is, where is. Located on a corner lot this 2 bed, 1 bath unit has lots of potential for a new owner willing to put in some TLC. Unit cannot be purchased and moved, new lease lease must be signed at $602/month. Pets allowed with Park approval.
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.