Mortgage Brokers in Abbotsford

  As the Canadian real estate market shifts gears, homebuyers in Abbotsford, Surrey, and Edmonton have a compelling reason to take action before the year ends. A convergence of lower home prices, stable interest rates, and rising inventory is giving well-prepared buyers an edge—not seen since the pandemic housing boom. Here’s why Fall 2025 could be your strategic window. Inventory Is Up, Prices Are Cooling Fraser Valley and Edmonton housing boards have reported double-digit increases in active listings compared to earlier this year. This increase is creating a more competitive environment for sellers, and in turn, giving buyers the upper hand in negotiation and selection . With prices adjusting downward in many segments, the market is slowly transitioning into a buyer’s market —but the window may not stay open long. Smart buyers are using this time to make offers below asking, ask for repairs, or even negotiate lower down payments through shared equity options. If...

  As summer nears its close, the mortgage landscape across British Columbia and Alberta is offering a unique blend of opportunity and timing. The Bank of Canada’s recent decision to hold its key interest rate at 2.75% , combined with rising home inventory in markets like Abbotsford , Surrey , and Edmonton , is creating a favourable environment for homeowners and buyers to take action before fall. If you're considering a mortgage renewal, refinance, or a first-time purchase, now is the time to position yourself for success. Interest Rate Pause Creates a Strategic Window After several volatile years, a sustained rate pause is offering a window of stability for mortgage planning . But this calm is likely temporary. As fall approaches, financial institutions may adjust their lending terms based on inflation and economic signals. If you’re holding off on reviewing your options, this may be the ideal time to explore how to refinance your mortgage for better terms through ...

  The Bank of Canada has held its overnight rate at 2.75% (July 30, 2025) , signaling stability for now while leaving the door open for modest cuts later this year . For Canadian borrowers, this pause offers a unique opportunity to reassess their mortgage strategies. What This Means for You Variable‑rate borrowers: Payments remain stable, but potential cuts could mean savings by year‑end. Fixed‑rate borrowers: Five‑year fixed rates are hovering near 3.9–4.1% , with limited movement expected until bond yields shift. Renewals: Over 1.5M mortgages are renewing this year —acting early can prevent payment shock. First‑time buyers: Extended amortizations and hybrid products may improve affordability in high‑cost markets. Regional Highlights In Abbotsford and Surrey , affordability remains tight due to strong demand and limited inventory—making creative mortgage structuring vital. Edmonton , with its stable pricing and improving supply,...