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New Testimonial - Understanding and Committed

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This is the second property Graham has sold for us. He also helped us to find our dream home. In both cases, Graham was extremely professional, highly organized and on top of everything. We have been searching casually for a long time (many years) for just the right property and Graham has been beside us the whole way. Graham's calm nature during the stress of buying and selling a home, responsiveness, understanding of the marketplace and commitment to his client's needs are just some of the many reasons we have had two very successful experiences. We wouldn't hesitate to recommend Graham to anyone looking for a realtor who truly cares and is willing to put in the work to help you find success.

 

09-Jun-15

Trevor & Natalie W.

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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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