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https://www.sandhusranmortgages.com/wp-content/uploads/2025/12/BoC-at-2.25-and-30-Year-Amortization-How-First-Time-Buyers-in-BC-Can-Finally-Get-Approved-1200x640.webp

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...

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Canada’s mortgage market in 2025 marks a defining shift from the ultra-low-rate borrowing era that shaped buyer behavior for more than a decade. After years of aggressive interest-rate increases, tightened qualification standards, and affordability pressures, the housing finance system has entered a phase of disciplined recalibration. This is no longer a market driven by urgency...

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The Bank of Canada’s decision on October 29, 2025 to lower its policy rate from 2.5% to 2.25% has arrived at a pivotal moment for Canadian housing. For months, buyers and homeowners watched closely as the Bank hinted at stability — and this move confirms it. Across Abbotsford, Surrey, and Edmonton, the rate cut is...

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The September Surprise: What a 2.5% Policy Rate Means for Buyers On September 17, 2025, the Bank of Canada lowered its policy interest rate by 25 basis points to 2.5%, marking a significant pivot in its monetary strategy. After a period of measured cuts beginning in late 2024, this latest reduction reinforces a buyer-friendly environment—just...

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A New Mortgage Season Begins Fall 2025 arrives with a measured tone in Canada’s housing and mortgage markets. For homeowners and buyers across Abbotsford, Surrey, and Edmonton, the mood is one of recalibration rather than reaction. Prices are adjusting, lenders are recalculating, and borrowers are reevaluating their next move. Despite rising affordability concerns in 2024,...

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