In this episode of The Real Deal Podcast, Allister Carrington and Geoff Lee dive into the latest housing market trends across B.C.—including what’s really happening in Metro Vancouver and the Fraser Valley.

Fraser Valley sales down 22%
Metro Vancouver sales down 18.5%
Active listings up 30%
Prices? Holding firm with only a 1–3% dip year-over-year

It’s not your typical buyer’s market—and in this episode, we explain why.

What You’ll Learn in Episode 58:
Why inventory is rising but buyers are hesitating

What’s keeping prices stable (and why lowballing won’t work)

How the First Home Savings Account (FHSA) can help you save up to $40,000 tax-free for a down payment

A sneak peek at upcoming GST relief info and a new guest expert on rental property investing

Tune in now to get clear, actionable insights and stay ahead of the market curve!

The post Episode 58 – High Inventory, Low Offers: The Truth About Today’s Market appeared first on GLM Mortgage Group.

Here’s what’s inside:

⏱️ Tariff Dispute Shakes the Market (4:07)
Allister covers the legal back-and-forth on President Trump’s fentanyl-related tariffs. Initially blocked, now back in effect, these policies are already hitting businesses—will housing feel the ripple?

Provincial Housing Policy Report Card (14:00)
A new Task Force report gave no province higher than a C+. BC leads, Alberta trails, but across the board, it’s a wake-up call. Permitting delays, affordability gaps, and building bottlenecks—what it means for you.

Massive New GST Rebate (18:34)
Geoff drops a bombshell: up to $50,000 back for first-time homebuyers purchasing new builds under $1M. Effective for contracts signed on/after May 27, 2025. Who qualifies? What to watch? Tune in.

Takeaways That Matter (35:48)
Allister and Geoff wrap with a reminder: Don’t just follow headlines—follow the facts. Empower. Advise. Represent.

The post Episode 57 — Policy, Profits & Property – What You Need to Know This Week appeared first on GLM Mortgage Group.

The duo weighs in on the appointment of Gregor Robertson as Canada’s new Minister of Housing and Infrastructure, unpacking his past promises and what this move could mean for housing affordability and development goals.

Then, special guest Jon Balzer from Fraser Valley Movers joins the conversation to share some honest, behind-the-scenes insight into the moving industry. From shady pricing tactics to damage control, Jon lays it all out — including why he’s kept his company intentionally small to deliver top-tier, consistent service clients can actually count on .

You’ll hear:

Why advance planning is key for a smooth move (hint: don’t wait till the last minute! )

How to protect your belongings and spot red flags with moving companies

Jon’s approach to handling mistakes with transparency and integrity

Tips on choosing the right mover — and why it’s worth it

Plus, one final moving tip you won’t want to miss!

As always, Geoff and Allister are asking the questions you’ve been dying to ask, but maybe haven’t had the chance to — and there’s even more to unpack in the full episode.

Tune in now and get moving… the smart way!

The post Episode 56: Behind the Move with Fraser Valley Mover appeared first on GLM Mortgage Group.

They unpack issues like delayed housing developments, affordability barriers, and rising construction costs — while exploring bold ideas like reintroducing foreign investment and embracing new building methods. You’ll also hear their candid thoughts on government involvement, the pros and cons of prefab and mass timber projects, and what the numbers are really saying about Canada’s economic outlook in 2025.

Whether you’re a first-time buyer, investor, or just trying to make sense of it all, Geoff and Allister break it down with insights, banter, and a healthy dose of straight talk.

Key takeaway? Don’t try to time the market — build your team, get informed, and make smart, proactive moves.

The post Episode 55: Permanent Paint & Permanent Problems: Why Housing Still Hasn’t Caught Up appeared first on GLM Mortgage Group.

They break down how economic conditions influence interest rates, why there’s no such thing as a “perfect rate,” and how your mortgage strategy should reflect your individual situation—not someone else’s opinion.

Plus, they dive into Canada’s current political climate, what it means for the housing market, and why now more than ever, trusted advice matters.

Tune in now to get informed, stay ahead, and make smarter mortgage decisions.

The post Episode 54 — Canada’s NEW Housing Plan EXPLAINED | Fixed vs. Variable Rates 2025 appeared first on GLM Mortgage Group.

They also break down why mortgage rates aren’t one-size-fits-all anymore, explaining the different “buckets” borrowers fall into, and why it’s more important than ever to work with professionals who ask the right questions—not just the ones who tell you what you want to hear.

Plus, a few Easter laughs, a quick look at how global events (like tariffs) may impact the economy, and a teaser for next week’s special guest episode!

Tune in now to stay sharp, stay informed, and stay ahead.

The post Episode 53: Inventory Overload, Pricing Standstills & Mortgage Buckets Explained appeared first on GLM Mortgage Group.

They also unpack the Bank of Canada’s latest decision on interest rates, the potential impact of trade tariffs, and why critical thinking is crucial—especially during uncertain economic times and election seasons.

Plus, they announce an exciting upcoming guest: John Ferguson from Fraser Valley Moving, who will share insider tips on making your next move smooth and stress-free!

Tune in now and stay informed, stay empowered, and make smarter moves in real estate and beyond.

The post Episode 52: Navigating Market Noise – Real Talk on Tariffs, Rates & Real Estate appeared first on GLM Mortgage Group.

With the Canadian federal election just around the corner, millions of Canadians are getting ready to head to the polls. For many, the key issues this year include housing affordability, interest rates, and mortgage policies — topics that hit especially close to home, quite literally. Whether you’re a first-time homebuyer, a real estate investor, or someone navigating the challenges of owning a home in today’s economy, understanding how political decisions impact the housing market is more important than ever.

At GLM Mortgage Group, we believe that informed decisions are empowered decisions. This election is a crucial opportunity for Canadians to shape the future of housing, and we’re here to help you navigate it with clarity, strategy, and expert insight.

Why Housing Policy Should Matter to Every Canadian Voter

Housing affordability and accessibility have long been pressing issues in Canada, but in recent years, they’ve reached critical mass. Rising property prices, interest rate fluctuations, and limited housing supply have made it difficult for many to break into the housing market — and for others, to stay in it.

Federal policies impact everything from mortgage lending rules to tax implications for rental properties, green energy incentives, and first-time homebuyer programs. The party that takes office will shape the landscape for years to come — which means your vote could directly influence your ability to afford, purchase, or refinance a home.

What’s at Stake in This Election

Here are a few housing-related areas to watch closely in party platforms and policy proposals:

1. Interest Rate Management and Affordability

While the Bank of Canada operates independently, government fiscal policy influences inflation and long-term rate strategy. A change in leadership could signal shifts in housing affordability depending on how monetary policy is addressed.

Why it matters: Budgeting for a mortgage in a changing rate environment is tricky. GLM Mortgage Group helps you plan ahead — no matter which party leads post-election.

2. Support for First-Time Homebuyers

Programs such as the First-Time Home Buyer Incentive and Tax-Free First Home Savings Account (FHSA) have helped thousands of Canadians get on the property ladder. Some parties propose expanding these programs; others suggest replacing them altogether.

GLM Insight: We break down these changes and show you how to leverage every available advantage — maximizing your buying power even before new legislation hits.

3. Rental Property and Investment Regulations

For Canadians who own or are considering buying rental properties, election outcomes could mean new taxes, stricter regulations, or updated guidelines on capital gains exemptions.

Investor Tip: Our GLM experts specialize in rental property financing and tax efficiency — helping you adapt to legislative changes swiftly and strategically.

4. Green Housing and Incentives

Eco-friendly homes and sustainable living are becoming increasingly prominent in policy conversations. Expect to see promises around green home grants, retrofit programs, and “green mortgage” support.

Forward Thinking: GLM is already ahead of the curve. We help clients take advantage of energy-efficient financing options that could soon become even more attractive.

Why GLM Mortgage Group Is Your Go-To Partner—No Matter the Political Climate

In uncertain times, you need more than just a lender — you need a mortgage partner who understands the changing landscape, adapts to new policies, and gives you the best strategy for your unique situation.

Here’s why GLM Mortgage Group is the team Canadians trust:

✅ Unmatched Expertise

With decades of experience, our brokers stay up to date with every policy shift, rate announcement, and legislative change. We’re more than just mortgage brokers — we’re advisors, advocates, and educators.

✅ Personalized Mortgage Solutions

We understand that no two homebuyers are alike. Whether you’re self-employed, investing in a vacation property, or refinancing to pay off your mortgage early, we tailor our approach to your goals and financial health.

✅ Trusted Across British Columbia and Beyond

Based in BC but serving Canadians nationwide, GLM Mortgage Group has built a reputation for transparency, integrity, and results. Our client-first approach has helped thousands secure the best rates, avoid costly pitfalls, and gain confidence in their homeownership journey.

✅ We Turn NO into YES

If you’ve been turned down by traditional lenders or faced hurdles with income qualification or liabilities, we know how to analyze your profile and uncover options others miss. You don’t have to take “no” for an answer when you have the right team backing you.

Top Questions to Ask Your Candidates This Week

As you prepare to vote, consider asking local Canadian candidates the following:

• What will your party do to improve housing affordability?

• How do you plan to support first-time Canadian homebuyers?

• What is your stance on mortgage qualification rules?

• Will you expand access to green housing grants or eco-mortgage incentives?

• What tax changes are proposed for homeowners and rental property owners?

The answers to these questions can offer valuable insight into how your finances might be affected in the months and years ahead.

Preparing for Post-Election Housing Changes

Regardless of which party forms government, change is coming — and that means preparation is key. Whether it’s re-evaluating your mortgage terms, investing in property, or budgeting for new tax rules, the right guidance now can save you thousands later.

GLM Mortgage Group offers:

• Pre-election mortgage planning

• Post-election mortgage checkups

• Rate lock strategies

• Access to Canada’s best lenders and rates

• Expert advice on government programs and incentives

Final Thoughts: Your Vote Matters — So Does Your Mortgage

As Canadians get ready to vote, it’s crucial to think not just about the party platforms, but about how those promises align with your financial goals — especially in the housing market. Whether you’re buying your first home, investing in property, or seeking ways to manage your mortgage more effectively, this election could have a direct impact on your options.

Let GLM Mortgage Group be your trusted advisor through it all.

We don’t just help you react to change — we help you plan for it.

Get in Touch Today

Call us or visit glmmortgage.com to book a free consultation.
Let’s talk about how you can be ready for what comes next — no matter the election outcome.

The post Election 2025: What Canadian Homebuyers Need to Know Before Casting Their Vote appeared first on GLM Mortgage Group.

After months of consistent rate reductions, the Bank of Canada (BoC) has decided to hit pause on its rate-cutting strategy, leaving the overnight lending rate at 2.75% as of April. This marks a significant shift in policy after seven consecutive cuts since last spring, which had seen the benchmark rate drop from a two-decade high of 5%.

But what does this mean for Canadian homeowners, potential buyers, and the broader economy? And more importantly, how can you make smart mortgage decisions amid global uncertainty? That’s where we at GLM Mortgage Group step in.

Understanding the Pause

The Bank’s decision to hold rates steady reflects a careful balancing act. While recent consumer price index (CPI) data showed inflation slowing to 2.3%, below economists’ expectations, the central bank remains concerned about external risks—especially those stemming from US President Donald Trump’s escalating global trade war. Tariffs targeting Canadian steel and aluminum are particularly troubling, as they threaten to disrupt supply chains, push prices higher, and undermine economic growth.

In its latest statement, the Bank acknowledged these challenges, pointing to the need to weigh downside risks to the economy against the potential for upward pressure on inflation. It’s a wait-and-see approach, and one that could shift quickly depending on global events and domestic economic data.

What This Means for Mortgage Holders and Homebuyers

1. Mortgage Rates Likely to Stay Put—for Now

With the Bank holding its rate at 2.75%, prime lending rates from major Canadian banks are unlikely to change in the immediate term. That means homeowners with variable-rate mortgages may not see any changes to their payments—at least for the time being.

However, given the uncertainty ahead, it’s more important than ever to understand your mortgage options and what a change in rates could mean for your long-term affordability.

2. Uncertainty Brings Opportunity—for the Prepared

Yes, we’ve seen a dip in inflation and predictions that the BoC’s rate could fall to 2.25% or even 2% by early 2026, according to forecasts from major banks like TD, RBC, and CIBC. But none of that is guaranteed. With global trade tensions simmering and talk of a possible economic downturn, buyers and homeowners need to be strategic and proactive.

Why Working With GLM Mortgage Group Matters More Than Ever

Here’s the thing: mortgage rates, government policy, inflation, and housing markets are all moving targets. And when the landscape is shifting, you need someone in your corner who understands how to navigate the terrain.

At GLM Mortgage Group, we specialize in helping Canadians make confident, informed mortgage decisions—especially when the waters are choppy. Here’s why working with us makes all the difference:

✅ We Stay Ahead of the Curve

Our team constantly monitors economic trends, Bank of Canada decisions, and market forecasts, just like now when focused on hit pause. Whether you’re a first-time homebuyer or a seasoned investor, we provide tailored advice based on what’s happening now and what’s likely to come.

We’ve helped thousands of clients pivot and prosper through past rate changes, and we’re prepared to guide you through this one, too.

✅ We Maximize Your Mortgage Strategy

In uncertain times, your mortgage strategy matters. Do you stick with a variable rate? Should you consider locking in? Is now the time to refinance or consolidate debt?

We don’t believe in one-size-fits-all answers. We take time to understand your unique goals—whether it’s paying off your mortgage faster, buying your first home, or expanding your real estate portfolio—and we build a strategy around you.

(We’ve covered this in more detail in our past blog: “How to Pay Off Your Mortgage Early: Strategies That Work” — a must-read if you’re looking to get ahead!)

✅ We Simplify the Process

If you’ve ever tried to make sense of mortgage documents, rate changes, or government programs on your own, you know how overwhelming it can be. GLM Mortgage Group is here to cut through the complexity. We break it down in plain language and handle the heavy lifting so you can focus on what matters—your home and your future.

✅ We Work for YOU—Not the Banks

Unlike the banks, who are beholden to their own lending products, we work with a wide range of lenders to find the mortgage solution that’s truly best for you. We have access to exclusive rates, flexible terms, and mortgage products you won’t find on your own.

This independence is critical—especially when the market’s in flux.

Planning Ahead in a Time of Uncertainty

According to the BoC’s latest Business Outlook Survey, 32% of Canadian firms now anticipate a recession—double the number from the previous quarter. That signals real concerns about the economy’s near-term health.

For homeowners and buyers, this underscores the importance of:

• Budgeting for potential rate changes

• Understanding your debt load

• Exploring refinancing or second mortgage options if needed

• Getting pre-approved if you’re considering a home purchase

If you haven’t already, we recommend checking out our previous blog: “Preparing for Interest Rate Changes: Budgeting and Planning”. It’s packed with tips on how to brace your finances for different economic scenarios.

So, What Should You Do Next?

Here’s your action plan:

1. Review your current mortgage – Know your rate, your terms, and when your renewal is coming up.

2. Talk to GLM Mortgage Group – We’ll give you a clear picture of your options, from rate holds and refinancing to new purchase strategies.

3. Get pre-approved if you’re house-hunting – Locking in a rate now could save you thousands if rates change in the months ahead.

4. Stay informed – Keep an eye on the economic news, but don’t try to time the market. Instead, work with a team that understands how to adapt with it.

The Bottom Line

The Bank of Canada’s decision to hit pause on its rate-cutting streak is a sign of economic caution—but it also opens the door for homeowners and buyers to plan strategically.

Whether rates drop further or the economy takes a turn, the right mortgage strategy can protect you, empower you, and even put you ahead of the curve.

GLM Mortgage Group is here to guide you every step of the way. In a world of uncertainty, we bring clarity, confidence, and results.

Let’s connect. Book a free consultation with GLM Mortgage Group today and take the first step toward smarter, stress-free home financing.

The post Bank of Canada Hit Pause on Rate Cuts – What This Means for Homeowners and Buyers appeared first on GLM Mortgage Group.

From debt restructuring tips to tax-smart strategies for the self-employed, this episode is packed with real talk and practical advice to help you stay financially resilient in an uncertain economy.

What you’ll learn:
✅ How to evaluate media reports and avoid fear-based decisions
✅ Why restructuring debt before mortgage renewal matters
✅ Tax tips for self-employed folks to avoid nasty year-end surprises
✅ The difference between “good” and “bad” debt—and why it matters
✅ How to use budgeting as a tool for peace of mind

Stay informed. Stay empowered. Listen now!

The post Episode 51: Fraser Valley Slowdown, Buyer Shock & CRA Red Flags – What You Must Know Now appeared first on GLM Mortgage Group.