Posted in: Zone 16, Edmonton Real Estate
I have listed a new property at 12116 39A AVE in EDMONTON.
Huge 8300 square foot lot in Aspen Gardens. Original owner 5 bedroom, 2 bathroom home conveniently located close to all amenities, schools, shopping, University of Alberta ,and transit. Some upgrades include newer furnace and shingles. Property includes a double detached garage. Amazing lot in fantastic community. Don't miss it.
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.