Posted in: Zone 15, Edmonton Real Estate
I have listed a new property at 10957 UNIVERSITY AVE in Edmonton.
Outstanding upgraded University Ave 3 bedroom home! Upgrades include high efficient furnace, hot water tank, and electrical. Coming in you are warmly welcomed by the character of the home with original staircase and hardwood. Updated kitchen and large living room with fire place are perfect for entertaining. Upstairs boasts 3 bedrooms and 4 piece bath. Basement is partially finished with laundry, mechanical, loads of storage and laminate flooring. Outside the fully fenced yard is well maintained complete with deck, shed and double parking pad. Amazing location and value!
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.