A Warm Hello from Ric & Holly – Happy New Year 2026!

Dear Friends, Clients, and Valued Partners,

Happy New Year! We hope this message finds you and your loved ones healthy, happy, and ready to embrace the fresh possibilities that 2026 brings.

As we start the year, Holly and I want to extend our heartfelt thanks for your trust and support in 2025. Whether we've helped you with a mortgage renewal, purchase, refinance, or you've kindly referred a friend or family member—your relationships are what make our work so rewarding. We're truly grateful for each one of you.

Turning to the mortgage and housing landscape here in Canada (and especially in BC), we're seeing some encouraging stability and opportunities as we head into the new year. The Bank of Canada has held its overnight rate at 2.25% (prime at 4.45%), with most economists forecasting it to remain steady through much of 2026—creating a more predictable environment after recent adjustments.

Current rates are looking attractive: Many lenders are offering competitive 5-year fixed rates in the low 4% range (with the best insured/high-ratio options dipping to around 3.84%–3.94%), and variable rates are even lower in spots (around 3.35%–3.45%). This is a noticeable improvement from higher levels in recent years, and with bond yields steady, rates appear poised for relative stability.

In BC specifically, the housing market is showing signs of a cautious recovery. After a softer 2025, forecasts from sources like CREA, BCREA, and others point to potential sales increases (possibly 8%+ in BC as pent-up demand returns), modest or flat home price growth overall, and improving affordability in many areas. More inventory in places like Metro Vancouver is giving buyers greater choice, while lower borrowing costs are helping more people move forward with purchases, upgrades, downsizing, or investments.

It's not a dramatic boom, but these shifts—stable rates, better affordability, and balanced supply—are creating real windows for smart decisions. If you're thinking about renewing soon, buying, selling, refinancing, or just exploring your options in BC or elsewhere in Canada, now is a great time to connect. We can run personalized scenarios, compare current offers, and provide clear, no-pressure guidance tailored to your situation.

We are excited for the year ahead and fully committed to being your trusted resource. Reply to this email, give us a call, or text anytime—we're always happy for a quick chat about rates, strategies, or whatever's on your mind.

Wishing you a prosperous, joyful, and memorable 2026. Here's to new beginnings, wise choices, and homes filled with warmth and happiness!

With gratitude and warmest regards, Ric & Holly