After 33 years helping clients navigate real estate in the Fraser Valley, Lower Mainland, and Surrey, I’ve seen how shifts in mortgage rates ripple through every aspect of the market. Right now, borrowing costs remain elevated, and this continues to shape affordability for buyers and investors alike. While we all look forward to possible rate relief, its impact on housing will hinge on inflation, the broader economic climate, and decisions from the Bank of Canada. Buyers are understandably cautious, and higher financing costs are influencing everything from purchasing power to refinancing strategies and overall demand. In times like these, careful planning around today’s lending environment is essential—waiting for rates to drop isn’t always the best approach. My focus has always been on steady guidance and practical advice, helping clients make informed choices no matter what the market brings.
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