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New Testimonial - The Cherry on Top

Having you as our realtor was a real pleasure, you tailor made the search for property according to our needs and specifications, and although we were a bit pedantic at times you took it in your stride and at no time tried to pressurize us into a sale. The people whom you deal with and refer were also very professional making the acquisition of the property very smooth. To me the cherry on the top was even though I had considered accepting  a proposed sales price you still took it upon yourself to go back to the seller and renegotiate an even better deal.  Once again thank you for your efforts and I certainly will recommend you to my friends and associates.

 

29-May-14

Mark & Toni H.

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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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