Category: Mortgages (9 posts)
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 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 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 moreShould 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 ...
read moreShould 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 ...
read moreTake 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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