Category: Mortgages (9 posts)

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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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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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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Should You Pay Off Your Mortgage Early?

Should You Pay Off Your Mortgage Early?

February 5, 2024 | Posted by:Kelly Lukens - Trusted Red Deer Mortgage Broker

It's a dream to be able to pay off your mortgage early, but is there a downside?  While it sounds like a great idea, there are some factors to consider before doing so.  This article will ex ...

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Should You Spend the Full Mortgage Amount You're Approved For?

Should You Spend the Full Mortgage Amount You're Approved For?

January 8, 2024 | Posted by:Kelly Lukens - Trusted Red Deer Mortgage Broker

Before you start shopping for a new home, you'll need to know exactly how much house you can afford. Otherwise, you could end up in a home that is way out of your budget. What you qualify for may not ...

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Take Advantage of Low Interest Rates – Refinance Your Mortgage Today!

Take Advantage of Low Interest Rates – Refinance Your Mortgage Today!

January 1, 2024 | Posted by:Kelly Lukens - Trusted Red Deer Mortgage Broker

Borrowers are loving the current record low interest rates, and homeowners stand to benefit even more. If you bought your home more than a few years ago, you could probably benefit from a refinance ...

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Kelly Lukens - Red Deer Mortgage Broker

Kelly Lukens
Trusted Red Deer Mortgage Broker

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