What Fort Langley Buyers & Sellers Need to Know About B.C.’s New Home Flipping Tax As of January 1, 2025, the B.C. government introduced the home flipping tax, a new rule targeting short-term property sales across the province—including right here in Fort Langley. Whether you’re a local resident or an international investor, if you sell […]
The Bank of Canada has held its overnight rate at 2.75%, citing rising global uncertainty, especially around shifting U.S. trade policy and tariffs. Two economic scenarios were outlined: one with limited tariffs and stable inflation, and another involving a prolonged trade war that could push Canada into recession and raise inflation above 3%. Trade tensions […]
The Bank of Canada has lowered its overnight rate to 2.75% amid rising U.S. trade tensions and economic uncertainty. While Canada ended 2024 with solid GDP growth (2.6%) and inflation near the 2% target, the outlook has dimmed due to tariffs and weakened business and consumer confidence. Early 2025 is expected to see slower growth […]
Navigating the world of home ownership is an exhilarating journey, yet the path to securing the right mortgage can often seem daunting. In the Walnut Grove neighbourhood of Langley Township, British Columbia, this journey is made significantly easier when you partner with Coastal Key Mortgage & Realty Group as your dedicated mortgage broker. Coastal Key […]
Purchasing a home is a milestone event, filled with excitement and dreams of the future. However, navigating the mortgage landscape can quickly turn this dream into a daunting task. That’s where Coastal Key Mortgage & Realty Group steps in, making your journey to homeownership in the vibrant Willoughby neighbourhood of Langley Township, British Columbia, a […]
The Bank of Canada (BoC) yesterday decided to hold its overnight policy interest rate at 5.00%. The decision is good news to borrowers who’ve seen mortgage costs climb since March 2022. Having said that, the BofC core inflation metrics show minimal decline, leading them to continue their quantitative tightening policy. Below is a summary of […]
Metro Vancouver Housing Update: September 2023 The Metro Vancouver housing market witnessed a shift in September. While the year started with rapid price gains, the fall season has brought a more balanced market. Here’s a snapshot: Sales: Residential home sales reached 1,926, marking a 13.2% increase from September 2022 but 26.3% below the 10-year average. […]
Whether you’re a homeowner in Langley or simply interested in understanding the potential benefits of reverse loans, this page is your go-to resource for valuable insights and information. Our mortgage professionals are here to guide you through the intricacies of reverse loans, helping you unlock new financial possibilities and enjoy the peace of mind you […]
Refinancing your mortgage can be a smart financial move, especially if you can take advantage of lower interest rates. However, before you apply for a refinance loan, it’s essential to consider some critical factors to ensure you make an informed decision. Here are the important things you should consider: Your Credit Score – […]
Are you thinking about buying a second home? Whether it’s a vacation home or an investment property, securing a second home loan can be a great way to achieve your real estate goals. However, it’s essential to consider some important factors before applying for a second home loan to make sure you make the […]
