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Mortgage Rates

  • Bank of Canada Holds Rates at 2.75%
    Gallery

    Bank of Canada Holds Rates at 2.75%

    Browne Mortgage Team-June 5th, 2025-

    The Bank of Canada made its latest rate announcement on June 4th, choosing to keep the overnight rate steady at 2.75%. While many Fraser Valley residents were hoping for another rate cut, Governor Tiff Macklem and the governing council cited ongoing economic uncertainty, particularly around

  • Slowing Non-Bank Mortgage Growth: What Fraser Valley Homeowners Need to Know
    Gallery

    Slowing Non-Bank Mortgage Growth: What Fraser Valley Homeowners Need to Know

    Browne Mortgage Team-April 25th, 2025-

    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

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