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 ...
read moreWhat 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 ...
read more10 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 ...
read moreTapping 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 ...
read moreRed 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 ...
read moreJuly 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 ...
read moreUnderstanding 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 ...
read moreMortgage 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 ...
read moreMid-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 ...
read moreBank 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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