Posted in: Zone 29, Edmonton Real Estate
I have listed a new property at 758 JOHNS RD in Edmonton.
GREAT VALUE, PARK LOCATION! This 1992 2 Story boasts a single garage in the back, lots of storage, fully finished basement, 2 and a half bathrooms, spacious kitchen and living room complete with a wood burning fire place. Some upgrades include new stove and dishwasher, main floor painting and laminate flooring. Private yard with mature trees. Quiet street, family neighborhood. Close to all amenities beautiful park/permanent forest reserve, schools, shopping and transit. What a great place to start! 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.