mortgagerate Archives : Sandhu & Sran Mortgages

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Canada’s Fall 2025 Housing Shift: Rising Supply, Lower Rates, and What It Means for BC & Alberta Buyers

November 6, 2025by Sandhu & Sran Mortgages

After a year of volatility, Canada’s housing market is showing signs of a new equilibrium. The Bank of Canada’s October 29, 2025 policy rate cut to 2.25%—its fourth since spring—arrived just as the federal government unveiled a $50 billion infrastructure and housing fund in its fall budget. Together, these measures have created the most encouraging...

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Mortgage Interest Rate

Fall 2025 Mortgage Reset: What the Bank of Canada’s Rate Cut Means for BC and Alberta Homeowners

September 26, 2025by Sandhu & Sran Mortgages

The Bank of Canada’s September 17, 2025 announcement to lower its policy interest rate by 25 basis points to 2.50% is more than just a headline for economists. For Canadian households—especially in housing markets like Abbotsford, Surrey, and Edmonton—this shift is reshaping how families think about mortgage renewals, refinancing opportunities, and first-time home purchases heading...

Mortgage Broker in Abbotsford

What Is Breaking A Mortgage & How To Avoid Penalty?

October 31, 2024by Sandhu & Sran Mortgages

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...

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Mortgage Interest Rate

What Does the BOC’s 50 Bps Rate Cut Mean For Borrowers?

October 25, 2024by Sandhu & Sran Mortgages

The Bank of Canada (BOC) announced another half-point, i.e. 50 bps interest rate cut, bringing its benchmark policy rate to a two-year low of 3.75%. This is the fourth rate drop this year, lowering interest rates for borrowers with loans connected to the prime rate. From 5% in the starting of the year to 3.75%...

Home Mortgage

Can New Mortgage Rules Boost Housing Costs in British Columbia?

October 23, 2024by Sandhu & Sran Mortgages

Want to know how recent rate cuts and new mortgage rules are going to affect your property buying dreams? The federal government’s recent move to raise the insured mortgage threshold is intended to make homeownership more accessible to Canadians who are planning to buy a home but have a low budget or limited finances. But...

Older Posts

Canada’s Fall 2025 Housing Shift: Rising Supply, Lower Rates, and What It Means for BC & Alberta Buyers

Fall 2025 Mortgage Reset: What the Bank of Canada’s Rate Cut Means for BC and Alberta Homeowners

What Is Breaking A Mortgage & How To Avoid Penalty?

What Does the BOC’s 50 Bps Rate Cut Mean For Borrowers?

Can New Mortgage Rules Boost Housing Costs in British Columbia?

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