Posted in: Zone 20, Edmonton Real Estate
I have listed a new property at 421 9620 174 ST in Edmonton.
TOP floor with a view of the lake! In convenient West End location, this cared for 902sqft 2 bedroom condo features a bright open plan, formal kitchen and eating area, large bedrooms, insuite laundry, mirrored closet doors and a large storage/laundry room. Other highlights include a large south facing balcony, assigned covered car port parking and all appliances included! Quick possession available. Great value...worth a look!
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.