Under normal circumstances — anyone remember what those feel like? — falling mortgage rates would be fuel for the spring housing market. But it’s hard to start a fire when the Canadian economy is soaked through with tariff-related fear and uncertainty. The Bank of Canada is doing what it can to warm home buyers up. By lowering the overnight rate for the seventh consecutive time today, the Bank has helped slash 2.25% from variable mortgage rates since June 2024. Once lenders absorb today’s cut, both five-year variable rates and the most common fixed rates will be available for below 4%. Historically, those are approachable rates. But we’ll soon find out how little rates matter when home buyers face an unprecedented threat to their livelihoods. Read More
The Real Estate rules are changing again — and it’s a big one for anyone buying or selling in Langley or the Fraser Valley. As of March 17, 2025, bully offers are officially back in BC. Even if an offer date is set, Sellers can now accept early offers — with conditions. In this episode of Andy Talks Real Estate, I explain what’s changing, why it matters, and how to prepare. 📊 Key Takeaways: ✅ What is a bully offer — and why are they back? ✅ IDRPO vs DRPO: What the new rules mean for buyers & sellers ✅ How to adjust your strategy — especially in a slower market ✅ What must happen before a seller accepts an early offer ✅ Local perspective from 30+ years in the Langley & Fraser Valley market Whether you're thinking of selling this spring or trying to buy in a competitive area — this update could change your timing and negotiation power. 📅 Book a call: https://rly.forsale/Chat-with-Andy
Charming English Garden Home at 23208 Francis, Fort Langley Charm and character define this stunning English garden home, essentially brand new while preserving its timeless appeal. For more details click here. Click here f or a video
