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
After a period where mortgage rates appeared to be stabilizing at more affordable levels, the market has taken a new turn this May. Both fixed and variable-rate mortgages are experiencing changes that could impact your home buying or renewal plans. What’s Happening with Fixed
The Canadian economy faces mounting challenges as uncertainty over U.S. trade policies continues to disrupt markets and complicate economic forecasting. Recent tariffs imposed by the Trump administration have created significant headwinds for Canadian businesses and policymakers alike. Multiple Rounds of Tariffs Creating Economic Turbulence U.S.
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 Canadian economy is sending mixed signals, and the impact is being felt right here in the Fraser Valley real estate market. Last week's surprise job losses – the first decline in three years – coupled with ongoing trade tensions have dramatically shifted the Bank
As a homeowner in the Fraser Valley, you've likely built up equity in your property over the years. One of the most flexible ways to access this equity is through a Home Equity Line of Credit (HELOC). At Browne Mortgage Broker + More, we help
When it comes to refinancing your Fraser Valley home, the property's current value plays a crucial role in determining how much equity you can access. Strategic renovations and beautification projects can significantly increase your home's appraisal value, giving you more financial options. Why Renovate
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
