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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Understanding the Red Deer, Alberta Housing Market: A Look at the CMHC June 2025 Report

Understanding the Red Deer, Alberta Housing Market: A Look at the CMHC June 2025 Report

July 28, 2025 | Posted by: Kelly Lukens - Trusted Red Deer Mortgage Broker

The Canadian Mortgage and Housing Corporation (CMHC) has recently released their housing statistics for June 2025. These findings offer valuable insights into the current state of the Red Deer, Albert ...

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Mortgage Payments Are Easing - But Renewal Stress Hits Home in Red Deer

Mortgage Payments Are Easing - But Renewal Stress Hits Home in Red Deer

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

It feels like a collective exhale here in Red Deer. After two years of rapid interest‑rate hikes, the Bank of Canada has paused and trimmed its policy rate, helping many local homeowners see month ...

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Mid-Summer 2025 Red Deer Housing Check-Up – 5 Mortgage Moves as Listings Rise and Rates Cool

Mid-Summer 2025 Red Deer Housing Check-Up – 5 Mortgage Moves as Listings Rise and Rates Cool

July 8, 2025 | Posted by: Kelly Lukens - Trusted Red Deer Mortgage Broker

Mid-Summer 2025 Red Deer Housing Check-Up, 5 Mortgage Moves as Listings Rise and BoC Eyes a July Rate Trim Between Westerner Days and evenings at Bower Ponds, most Central Albertans would rather ta ...

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Bank of Canada June Rate Hold: Mortgage Strategy 2025

Bank of Canada June Rate Hold: Mortgage Strategy 2025

June 23, 2025 | Posted by: Kelly Lukens - Trusted Red Deer Mortgage Broker

Why the June Rate Hold Matters On June 4 2025, the Bank of Canada (BoC) left its overnight rate unchanged at 2.75 % for the fourth meeting in a row (Source: Bank of Canada press release, June 4 2025) ...

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Kelly Lukens - Red Deer Mortgage Broker

Kelly Lukens
Trusted Red Deer Mortgage Broker

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