Mortgage Brokers in Abbotsford

  After a turbulent two years of interest rate hikes, inflation pressures, and mortgage stress, British Columbia’s housing market is showing signs of quiet revival in mid-2025. Inventory has increased, home prices have plateaued, and sales activity has started climbing steadily—particularly in regional hubs like Abbotsford and Surrey. With the Bank of Canada holding its policy rate at 2.75% and signaling potential further easing later this year, market sentiment is improving. But what does this mean for buyers, current homeowners, and mortgage borrowers? A Mid-Year Turnaround According to the latest data from the Canadian Real Estate Association (CREA), BC’s home sales have risen month-over-month for the third consecutive time. Price declines in early 2025 have slowed, and bidding wars are no longer the norm. While Vancouver remains expensive, cities like Abbotsford, Chilliwack, and Surrey have become attractive to both first-time buyers and investors looking for more value....