It’s Time for Your Annual Mortgage Review
Rita Cousins Senior Mortgage Advisor • May 13, 2020
There are many reasons to use a mortgage broker but one key reason is having peace of mind knowing our services don’t end after your deal is closed. Access to your broker for trusted advice lasts beyond the duration of your mortgage term.
There is no reason to wait until your mortgage renewal date to consult your broker.
Take advantage of an Annual Mortgage Review to assess your options and plan your next steps.
Here are a few reasons why:
Discuss your financial situation
and home ownership goals to
make sure you are on track.
You can make changes to your
mortgage (payment frequency
and payment amount) if they
will better help you achieve your
home ownership goals.
Consolidate your high interest
debts by rolling them into your
mortgage and using your savings
to increase your cash flow or put
towards another need.
Tap into your home equity to
consolidate debt and complete a home
renovation project or purchase a
vacation/investment property.
Call me today. It’s time to review your mortgage.
Rita Cousins Senior Mortgage Advisor
Fraser Valley home prices have now fallen for seven straight months — here’s what it means for buyers and sellers. 📊 October 2025 Fraser Valley Market Overview Fraser Valley home prices have now fallen for seven straight months — the longest correction since 2019. According to the Fraser Valley Real Estate Board’s October report: 🏠 Sales: 1,123 homes sold (+17% MoM / –16% YoY) 📈 Active Listings: 10,121 (+15% YoY) 📉 Sales-to-Active Ratio: 11% → firmly a buyer’s market 💰 Benchmark Prices 🏡 Detached: $1,411,900 (–0.6% MoM / –5.1% YoY) 🏘️ Townhomes: $786,000 (–1.2% MoM / –5.6% YoY) 🏢 Condos: $506,400 (–0.8% MoM / –6.8% YoY) 📊 Composite: $919,900 (–0.7% MoM / –5.3% YoY) 💹 Interest Rates & Economy The Bank of Canada rate holds at 2.25%. Inflation is easing, but tariffs and a slower global economy add uncertainty. Major banks remain split — some expect stability through 2026, others forecast small rate cuts next year. 💬 Real Client Story One of my recent clients moved from Vancouver Island to Langley to be closer to family — proof that even in a slower market, the right timing and strategy still create success. 📖 Read her review: 👉 https://rankmyagent.com/agent/reviews/171562 🧭 What This Means for You If you’re buying, inventory is strong and competition is light. If you’re selling, pricing for today’s reality — not last year’s memory — is key. After seven months of price declines, the market is recalibrating — not crashing. With realistic pricing and a clear plan, opportunities are still out there.
This year, as they have for years, thousands are again expected to attend Remembrance Day in Fort Langley and honour the memory of the community’s war dead at the largest memorial service in the Langley area. 👉 More Details Here
This top-floor home features a spacious layout, ample natural light, and a quiet location, just steps from shopping, parks, and public transit. Whether you're downsizing or buying your first home, this is one you’ll want to see in person. 👉More Details Here
