October 29-2025 - Bank of Canada lowers policy rate to 2.25%

October 29-2025 - Bank of Canada lowers policy rate to 2.25%

October 29, 2025 | Posted by: Kelly Lukens - Trusted Red Deer Mortgage Broker

The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. With the effects of US trade actions on econo ...

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Canadian Home Sales Poised for a Big Finish in 2025

Canadian Home Sales Poised for a Big Finish in 2025

October 21, 2025 | Posted by: Kelly Lukens - Trusted Red Deer Mortgage Broker

Canada’s housing market is showing renewed energy as we approach the end of 2025. According to the latest report from the Canadian Real Estate Association (CREA), home sales nationwide are set f ...

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How Falling Rates Help Gig Workers Qualify for Mortgages in Red Deer, Alberta

How Falling Rates Help Gig Workers Qualify for Mortgages in Red Deer, Alberta

October 10, 2025 | Posted by: Kelly Lukens - Trusted Red Deer Mortgage Broker

If you earn a living through freelancing, contract work, ride share or delivery, creative services, or small business projects, you have probably heard that getting a mortgage is harder. As rates ease ...

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How the Bank of Canada’s September 2025 Rate Cut Affects Mortgages in Red Deer

How the Bank of Canada’s September 2025 Rate Cut Affects Mortgages in Red Deer

September 24, 2025 | Posted by: Kelly Lukens - Trusted Red Deer Mortgage Broker

The Bank of Canada’s decision to cut its overnight rate by 25 basis points, down to 2.50 %, has sent ripples through the mortgage market across Canada. Many Red Deer homeowners and prospective b ...

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Bank of Canada lowers policy rate to 2.5%

Bank of Canada lowers policy rate to 2.5%

September 17, 2025 | Posted by: Kelly Lukens - Trusted Red Deer Mortgage Broker

The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%. After remaining resilient to sharply higher U ...

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What a Bank of Canada Rate Hold Would Mean for Red Deer Borrowers

What a Bank of Canada Rate Hold Would Mean for Red Deer Borrowers

September 9, 2025 | Posted by: Kelly Lukens - Trusted Red Deer Mortgage Broker

Did You Know The Bank of Canada has held its key rate at 2.75 percent since July 30, 2025, which is the third consecutive hold. In July 2025, Red Deer recorded about 213 residential sales and roug ...

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10 Smart Ways a Red Deer Mortgage Broker Can Help You Win

10 Smart Ways a Red Deer Mortgage Broker Can Help You Win

August 27, 2025 | Posted by: Kelly Lukens - Trusted Red Deer Mortgage Broker

If you are comparing lenders or getting ready to renew, the smartest first step is speaking with a local expert who works for you, not the banks. This guide outlines practical, Red Deer–focused ...

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Tapping Home Equity in Red Deer, Alberta, A 2025 Mortgage Refinancing Guide

Tapping Home Equity in Red Deer, Alberta, A 2025 Mortgage Refinancing Guide

August 18, 2025 | Posted by: Kelly Lukens - Trusted Red Deer Mortgage Broker

How Red Deer Homeowners Are Tapping into Home Equity as Rates Stabilize, Your 2025 Guide If you own a home in Red Deer, you may be hearing more friends and neighbours talk about refinancing to access ...

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Red Deer Mortgage Broker, Local Advice That Protects Your Budget

Red Deer Mortgage Broker, Local Advice That Protects Your Budget

August 5, 2025 | Posted by: Kelly Lukens - Trusted Red Deer Mortgage Broker

Why Choose a Local Red Deer Mortgage Broker Buying a home in Red Deer is a big step. Prices move, inventory shifts, and each lender has unique rules. Our local broker team removes guesswork ...

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July 30 - 2025 - Bank of Canada holds policy rate at 2.75%

July 30 - 2025 - Bank of Canada holds policy rate at 2.75%

July 30, 2025 | Posted by: Kelly Lukens - Trusted Red Deer Mortgage Broker

The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. While some elements of US trade policy have started to become m ...

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Kelly Lukens - Red Deer Mortgage Broker

Kelly Lukens
Trusted Red Deer Mortgage Broker

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