Monthly Archives: September 2018

Yesterday the Bank of Canada released a rate announcement that maintained its target for the overnight rate at 1 ½ percent.

The Bank Rate is correspondingly 1 ¾ per cent and the deposit rate is 1 ¼ percent.

 

Interested in how this could impact you?

Click here to learn more:

https://www.bankofcanada.ca/2018/09/fad-press-release-2018-09-05/

‘Secondary suites now legal in more types of housing in Edmonton,’ says the CBC.  

 

The City of Edmonton just approved legal suites in Townhouses, Duplexes and Skinny Homes making it a great time to purchase or refinance these types of properties.

 

Puremortgage prides ourselves on our ability to come up with financing strategies using the purchase plus improvements mortgage, or refinancing  plus improvements mortgage, to put legal suites in properties, such as a duplex, townhouse or skinny home.

Click here to book a no-obligation chat with PureMortgage to discover and discuss what secondary suite options : https://calendly.com/ronlefebvre

 

Interested in learning about these new changes? Click here to learn more:

https://www.cbc.ca/news/canada/edmonton/edmonton-secondary-suites-infill-1.4792659

 

 

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