May 16, 2025 - Abbotsford, BCThe Fraser Valley housing market continues to present a complex picture for both buyers and sellers as we move deeper into spring. With inventory levels reaching heights not seen in over a decade, potential homebuyers have unprecedented selection and negotiating
April 25, 2025 Recent data from Statistics Canada shows that non-bank mortgage lenders are experiencing slower growth and rising delinquency rates, particularly in uninsured mortgages. As your local Fraser Valley mortgage experts, we want to break down what these trends mean for homeowners and homebuyers
Cross-Border Dreams: Navigating Mortgages for BC Residents For many British Columbia residents, the appeal of building a home just south of the border in Washington State is undeniable. Lower property costs, proximity to Canadian family and friends, and the opportunity to create a custom retreat
The Bank of Canada announced today that it will hold its key interest rate at 2.75%, pausing its cutting cycle for the first time in a year. This decision comes amid growing uncertainty over U.S. trade policies and their potential impact on the Canadian economy.
The spring homebuying season has arrived early in the Fraser Valley, and it's bringing exciting opportunities for local homebuyers and homeowners. Major Canadian banks are slashing mortgage rates across the board, creating one of the most competitive lending environments we've seen in months. This rate
A Major Tax Break for First-Time Homebuyers Announced In a significant move that could reshape the Canadian housing market, Prime Minister Mark Carney has announced that the federal government will eliminate the GST for first-time homebuyers purchasing homes priced at $1 million or less. This
The Bank of Canada (BoC) has cut its overnight lending rate for the seventh consecutive time, bringing it to 2.75%. This represents a full 225 basis point decrease since the central bank began its cutting cycle in June 2024. But what does this rate cut
Need More Money for Renovations? Are you searching for your dream home but struggling to find the perfect one? Or perhaps you've found a property with potential, but it needs some work? At Browne Mortgage, we can help you qualify for up to $160K more
Are you venturing into the world of homeownership in the Fraser Valley area? It is such an exciting time for first-time home buyers, but navigating the complexities of mortgage approval can pose challenges. There are so many opportunities that new buyers may be unaware of,
The federal government has announced two programs for January 15, 2025, aimed at helping homeowners build secondary suites. It is being introduced with the intent to increase affordable rental housing in response to Canada’s ongoing housing affordability crisis. These programs offer two distinct financial
