BoC at 2.25% and 30-Year Amortization: How First-Time Buyers in BC Can Finally Get Approved
For years, first-time home buyers across British Columbia—especially in Surrey, Abbotsford, and the Fraser Valley—have faced a brutal combination of rising home prices, stress-test hurdles, and rapidly climbing interest rates. Many qualified families were priced out not because they couldn’t afford a home long-term, but because they couldn’t pass short-term affordability rules. Now, the landscape...




