Posted in: Zone 53, Edmonton Real Estate
I have listed a new property at 87 150 EDWARDS DR in EDMONTON.
Beautiful bungalow style condo in, Ellerslie, Copperstone. Features 2 bedrooms, 4 piece bath, open concept, upgraded Whirlpool appliances including new fridge, fresh paint with neutral tones, new carpets, in-floor heating plus much more. Situated in great complex close to shopping, transit, and upcoming Ellerslie Crossing Public School. Shows great and amazing 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.