Interest Rates and Ratewatch

September 8th, 2021

Bank of Canada leaves continues to leave the prime rate alone

The BOC announced that it will leave the prime rate alone once again. With growing Covid case numbers across Canada, they continue to believe that we need to maintain the goal of holding interest rates down until late 2022, possibly beyond that time frame.

Interest rates will continue to remain low. The BOC now predicts that it would be the second half of 2022 before they will look at increasing the prime rate. I suspect this will all depend on how quickly the world can get a handle on Covid and all the variants

With rates still in the low 2% range, now is a great time to look at moving up or renovating your home. If you have higher debt loads, refinancing to pay off that higher interest rate debt may be a great option.


TERM RATE
1 Year 1.79% Ins. 2.54% Conv.
2 Year 1.79% Ins. 2.24% Conv.
3 Year 1.79% Ins. 2.14% Conv.
4 Year 1.79% Ins 2.19% Conv.
5 Year  2.04% Ins. 2.29% Conv.
7 Year 2.94% Ins 2.94% Conv.
10 Year 3.30% Ins. 3.30% Conv.

Variable Rates
Prime - .70% to 1.10%


Phone(403) 270-7601

Email[email protected]

Address Ray Riley
#115 8820 Blackfoot Trail SE
Calgary, AB T2J 3J1

2423 Properties
Page 1 of 202
$369,900
Neighbourhood: Harvest Hills
2
Beds
2
Baths
840
Sq.Ft.
2023
Year Built
2
Days on Site
A2109984
MLS®
$217,500
Neighbourhood: Coach Hill
1
Beds
1
Baths
646
Sq.Ft.
1978
Year Built
2
Days on Site
A2105692
MLS®
$424,900
Neighbourhood: Eau Claire
2
Beds
2
Baths
1,085
Sq.Ft.
1999
Year Built
2
Days on Site
A2109961
MLS®
$414,900
Neighbourhood: Mission
2
Beds
2
Baths
1,105
Sq.Ft.
1984
Year Built
2
Days on Site
A2109400
MLS®
$549,900
Neighbourhood: Taradale
4
Beds
2
Baths
813
Sq.Ft.
2003
Year Built
2
Days on Site
A2109966
MLS®
$640,000
Neighbourhood: Redstone
3
Beds
2F11/2
Baths
1,651
Sq.Ft.
2019
Year Built
2
Days on Site
A2103218
MLS®
$678,000
Neighbourhood: Dalhousie
5
Beds
2F11/2
Baths
1,174
Sq.Ft.
1972
Year Built
2
Days on Site
A2109751
MLS®
$329,900
Neighbourhood: Panorama Hills
2
Beds
2
Baths
952
Sq.Ft.
2008
Year Built
2
Days on Site
A2109987
MLS®
$3,499,900
Neighbourhood: Elbow Park
5
Beds
4F11/2
Baths
4,267
Sq.Ft.
2004
Year Built
2
Days on Site
A2096567
MLS®
$349,900
Condo: Village III
3
Beds
2
Baths
1,076
Sq.Ft.
1977
Year Built
2
Days on Site
A2107007
MLS®
$938,800
Neighbourhood: Richmond
4
Beds
3F11/2
Baths
1,928
Sq.Ft.
2006
Year Built
2
Days on Site
A2109927
MLS®
$275,000
Neighbourhood: Carrington
1
Beds
1
Baths
516
Sq.Ft.
2022
Year Built
2
Days on Site
A2109226
MLS®

Post a Comment