Blog

The Bank of Canada has once again raised the interest rates, on this occasion the rate went up another .25%. See below some great information from our mortgage partners Thrive on how this new rate raise could impact you and some helpful tips things to consider depending on the type of mortgage you have.

Call Garry Voigt, your Langley Realtor at 604 789 2140 if you need more information.

Serving the entire Fraser Valley and Greater Vancouver

PROPERTY TAX ASSESSMENT AND WHAT IT COULD MEAN FOR YOU

By now you will likely have received your Property Tax Assessment in the mail and seen a substantial increase in the assessed value. What does this mean for you? Below we try to answer a few questions often asked about the assessment. More information about how your assessment is calculated can be found on the
BC ASSESSMENT WEBSITE

FEDERAL HOUSING TAX CHANGES

Multigenerational Home Renovation Tax Credit

Beginning January 21st 2023 the Fedral Government is introducing this new tax credit which will cover up to 15% of the cost of renovations, up to a maximum of $7500 if you are adding a secondary unit in your prime residence for an immediate or extended family member who is a senior or disabled.