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New Testimonial - Strong Knowledge of Real Estate

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My Mom generously wanted to purchase a condo for me, her adult daughter, as I have been unable to work due to disability. Graham Ogden was a superb real estate agent in honouring both of our needs and wants. He guided us through the examination of the condo papers, so we both felt very confident that the building we bought into had a strong Board, great Management and most importantly a strong financial future. Graham was always available to answer questions and I would not hesitate in highly recommending him to home buyers and sellers alike. His strong knowledge of the real estate market and excellent communication skills make him a top notch agent.


12-Mar-15

Jennifer E.

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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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