Ray Brownlee

Managing Broker
244 10 Street
Brandon, MBR7A 4E8
Office: 204-725-0555
Office Fax: 204-727-0377
Cell: 204-729-5261
Connected To More
Signed in as . Sign Out.
Ray Brownlee

Ray Brownlee Managing Broker

CENTURY 21 Westman.com Ltd.
244 10 Street
Brandon, MBR7A 4E8
Office: 204-725-0555
Cell: 204-729-5261
Send Me a Text Message
Contact Me

Search Blog Posts

Reset Search

Tags

Blog Archives

BANK RATES

Bank of Canada maintains interest rate and says inflation target of 2 % on track for third quarter 2011.  Their Oct. prediction for inflation to hit 2% being 3rd quarter 2011 might indicate that rates could remain steady without any upward adjustments thru 2010.  As the Canadian Real Estate Association's Chief Economist stated , " repeating its concern voiced in October, the Bank of Canada reiterated the risk that the strong Canadian dollar poses to economic growth.  They also opened the door to keeping interest rates on hold longer than expected. Low interest rates are likely to continue to fuel home price increases. "   With the current interest rates at all time lows and city and  provincial economies strong now is a good time to look for your next home.  

Pin It
There are no comments

Add a Comment

Submit CommentPreview Comment