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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Why the Bank of Canada’s Rate Pause Isn’t a Green Light for Cheap Mortgages in Red Deer

Why the Bank of Canada’s Rate Pause Isn’t a Green Light for Cheap Mortgages in Red Deer

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

If you've been waiting for interest rates to drop before locking in a mortgage, you're not alone. On June 5, 2025, the Bank of Canada (BoC) decided to hold its overnight lending rate at 4.75%, marking ...

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June 4-2025 - Bank of Canada holds policy rate at 2.75%

June 4-2025 - Bank of Canada holds policy rate at 2.75%

June 4, 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%. Since the April Monetary Policy Report, the US administration h ...

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Mortgage Renewals in 2025: Navigating Payment Increases Amid Rising Rates

Mortgage Renewals in 2025: Navigating Payment Increases Amid Rising Rates

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

If you're among the thousands of Canadian homeowners with a mortgage renewal coming up in 2025, you might already be concerned about what rising interest rates could mean for your monthly payments. Du ...

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Mortgage Renewals in Early 2025 – Where Might Rates End Up?

Mortgage Renewals in Early 2025 – Where Might Rates End Up?

May 4, 2025 | Posted by: Kelly Lukens - Trusted Red Deer Mortgage Broker

A friendly guide for Canadian homeowners who are about to renegotiate one of the biggest contracts of their lives. Introduction - Why Everyone Is Talking About 2025 Renewals If your mortgage is co ...

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April 16 - 2025 - Bank of Canada holds policy rate at 2.75%

April 16 - 2025 - Bank of Canada holds policy rate at 2.75%

April 16, 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%. The major shift in direction of US trade policy a ...

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Kelly Lukens - Red Deer Mortgage Broker

Kelly Lukens
Trusted Red Deer Mortgage Broker

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