In 2025, the dream of homeownership in British Columbia is still alive — but getting there requires a grounded understanding of what you can truly afford. Whether you’re a first-time buyer in Surrey, a family upgrading in Abbotsford, or relocating to Edmonton for a fresh start, mortgage affordability isn’t just about what a lender approves...
As of April 2025, mortgage arrears in Canada have begun to climb at a rate not seen since the early stages of the pandemic. According to a recent report from MPA Canada, mortgage delinquencies have reached their highest level in over four years, with economists warning that the trend could continue if economic stressors—like trade...
Buying a home is one of the biggest financial decisions most Canadians will ever make, and for first-time home buyers in British Columbia, affordability is a top concern. Fortunately, several government grants, tax credits, and incentives can reduce upfront costs and lower mortgage payments. In this guide, we explore the most relevant programs available in...
Looking for a mortgage refinancing service in Surrey? Buying a new house is an exciting occasion with a lot to do, whether you’ve done it before or for the first time. What if mortgage interest rates fall below your current rate while you are still paying it off? Refinancing your mortgage loan may allow you...
The Bank of Canada’s hefty interest rate drop this week may have some Canadian homeowners tied into expensive mortgages fantasizing about a lower rate. However, the potential of relocating to a new property with a lower interest rate, or refinancing to take advantage of lower monthly payments, is weighed against the severe penalties associated with...
