Posted in: Zone 15, Edmonton Real Estate
I have listed a new property at 9809 92 AVE in Edmonton.
Incredible Mill Creek Ravine location with spectacular views and setting for your dream home. 2 Houses from Mill Creek Ravine Park. Excellent proximity to the U of A, river valley, and Downtown. RF2 zoning. Approximately 606m2 (133ft x 50ft) perfect for your next home or project. Current home is in tear down condition. Sold "as is"
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.