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New Testimonial - Already Recommended

You definitely couldn't ask for a better Realtor to help you find the perfect home. Someone who has all the patience in the whole world and will give it his all to find you whatever it is that you are looking for. He has very flexible hours, my boyfriend and I could only look at houses anywhere from 630-8 just because his job but Graham never once turned us away. He has a great personality and never pushes to sell a house he leaves it up to the buyers to make the first move. I have already recommended him to other people and I will us him again to sell my house or buy another one.

 

06-Dec-14

Britany and Ryan

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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.

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