Sturgeon Roots

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  • It's Official! Prime Lending rate drops 50 basis points to 3.5%!

    All of you who chose a variable rate mortgage, give yourselves a pat on the back, it looks liek you'll reap the benefits again this summer.  Here's a note from the Bank of Canada.  In a nutshell, there are 2 things that have happened.  Interest rates have dropped, and housing prices have dropped.  There is a ...
    Posted to Sturgeon County Roots (Weblog) by 263619 on March 4, 2008
  • More interest rate cuts on the way?

    Things are looking up again for home buyers in Alberta, with inflation slowing in a national level, this means we could be in for another interest rate reduction!  Home buyers are starting to take a serious look at buying after the market slowdown for the winter.  Canada's inflation rate falls to 2.2 per cent in January, helped ...
    Posted to Sturgeon County Roots (Weblog) by 263619 on February 19, 2008