Ever since July, the Bank of Canada has been raising the overnight lending rate, starting with an increase of 1%. However, in its September update, the rate was maintained at 5%. This rate affects the interest you pay from lenders. The higher the overnight rate, the more interest you’ll pay. For now, the mortgage payments...
In the picturesque region of Surrey, agriculture thrives with its fertile lands and a community deeply rooted in farming traditions. However, the pursuit of agricultural ventures often requires substantial financial investments, making access to farm mortgages a crucial aspect for farmers and landowners alike. In this blog, we explore the benefits of farm mortgages in...
Buying a home for the first time is an exciting milestone, but it can also be a daunting task. With so many options and variables to consider, it can be overwhelming for first-time homebuyers to navigate the process on their own. This is where Sandhu & Sran can help. As an Abbotsford-based mortgage broker, we...
