New Testimonial - Patient and HelpfulGraham worked with me on trying to find a house for over a year. He was incredibly patient and helpful with my ever changing life situations. I found him to be very knowledgeable and he answered all my questions.I found house shopping could become frustrating but Graham still managed to make it a good experience and we finally found my first home. I would recommend Graham to my family and friends.
06-Oct-16 Danielle P.
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. |
Let's discuss your next home sale or purchase, with no obligation.
Give me a call at 1-780-908-1224
Subscribe with RSS Reader
Comments:
Post Your Comment: