Graham Ogden

B Comm and Realtor®

Direct: 1 780 908-1224 |

New Testimonial - Painless and Fun

My wife and I wanted to express our appreciation of your efforts in helping us to purchase a house.  We have both owned properties previously and had a pretty solid idea of what we were looking for.  We both liked the fact that you listened to what we had to say, learned from our likes and dislikes as we viewed properties, and pointed out important factors that may or may not have been in our sights.  You made our search painless and fun.  We would happily recommend you to our friends and family.

 

08-Jul-15

Shane S.

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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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