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New Testimonoial - Great Insight

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We would  recommend Graham to anyone buying or selling a house without hesitation  Graham has exceeded all of our expectations as a realtor. Graham was very patient and understanding of our wants and needs in buying a home.  He provided excellent insights and advice throughout the whole process. Graham is both very personable and professional, and always accessible with any needs or questions. We will definetely  be contacting Graham if we are ever in need of a realtor in the future. Thank you very much again for all your help and hard work!

 

06-Dec-15

Nathan & Taryn

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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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