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conlanfinance

26 years experience in the banking, finance and mortgage industry. BC Broker

04/29/2026

The Bank of Canada held its overnight lending rate steady at 2.25% today, while warning that ongoing trade uncertainty and rising oil prices could still impact Canada’s economy.

Interest rates may move either up or down depending on whether slower economic growth or inflation becomes the bigger issue. Although Canada is working to lower costs for Canadians and expand trade beyond the U.S., the economy remains heavily tied to the American market.

For housing, this means borrowing costs will continue to depend on economic conditions — weaker growth could lead to lower rates and improved affordability, while higher energy prices may keep inflation elevated and slow future rate cuts. With the housing market already soft, major rate hikes are still seen as unlikely.

Brian Conlan, DLC Producers West
105-20171 92A avenue
Langley BC V1M2A5
[email protected]
(604) 710-5521 tel

04/23/2026

We’re starting to see more “condo rescue” scenarios across the Lower Mainland.

These are owners who purchased 3–4 years ago, and now — with softer condo values in some segments — are facing appraisals coming in below their original purchase price.

Why this matters:
At renewal or refinance, some lenders may not automatically approve the file if the value has dropped, especially with stricter guidelines around strata properties.

The good news: you’re not necessarily out of options.

There are still lenders actively working in this space, and with the right structure, we can often find a path forward — whether that’s refinancing, switching lenders, or bridging a shortfall.

If your completion is coming up in the next few months and you’re unsure where things stand, it’s worth reviewing early.

Brian Conlan, DLC Producers West
105-20171 92A avenue
Langley BC V1M2A5

(604) 710-5521
[email protected]

2025 Premiere Club (Top 10%)
2024 Sales Achievement Award
2023 Sales Achievement Award

04/09/2026

With the high cost of living we are all looking for savings in our monthly budget. As a broker, I review my client's finances and often find they are paying up to $30 a month for premium banking packages that they may not be getting full value from. While some packages can provide decent value , especially if you have a premium credit card with rewards and travel perks, more often than not I find clients aren't getting full value.

Review your usage and you may want to consider opening an account with a digital bank (EQ Bank, Neo Financial) . Many offer no fees with no minimum balances and provide higher interest than the Big 5 Banks offer. Savings could be as high as $300-$400 a year!

(information only and not intended to be an endorsement of any institution over another)

04/04/2026

Best wishes to all for a great Easter weekend!

03/19/2026

Great day at the CMP Mortgage Summit. Great to see some old bank colleagues and talk with the lenders. Excited to see BMO enter the mortgage channel in British Columbia.

03/18/2026

No surprise that the Bank of Canada left interest rates unchanged today. No change to variable rate mortgages or lines of credit. Rate cuts are unlikely this year but data dependent, especially if the Canadian economy goes into recession. Inflation numbers are the number one indicator.

Brian Conlan, DLC Producers West
105-20171 92A avenue
Langley BC V1M2A5

(604) 710-5521 tel

2023 Sales Achievement Award
2024 Sales Achievement Award
2025 Premiere Club (Top 10%)

03/06/2026

🌍 **Geopolitics just crashed the interest‑rate conversation again.**
The latest conflict in the Middle East—and disruptions around the Strait of Hormuz—have pushed oil prices higher. When energy spikes, inflation usually follows… and that puts the Bank of Canada in a tough spot.

Here’s the quick version:

🔹 **Short conflicts = short‑lived inflation bumps.**
Historically, when oil jumps briefly (1991, 2003, 2011), central banks look through it and continue easing.

🔹 **Prolonged disruptions = real risk.**
If shipping through Hormuz stays restricted, oil could stay elevated—and that can delay rate cuts or even force a pause.

🔹 **Canada’s challenge is two‑sided.**
We’re already dealing with U.S. tariffs slowing growth. Add higher energy costs, and the Bank of Canada is balancing inflation pressure against a weakening economy.

🔹 **Most likely scenario:**
A temporary oil shock, followed by continued momentum to support a weakened economy.
But markets are on edge because the alternative—persistent inflation—is still on the table.

If you’re planning a purchase, renewal, or refinance this year, staying nimble matters. Rate expectations can shift quickly in moments like this.

(summary of article from First National Capital Markets Update March 6)

02/09/2026

Still a lot of work to do but thankful for the successes. Extra thanks to my awesome clients, referral partners and support at DLC for making this possible.

01/29/2026

The Bank of Canada held its key overnight interest rate steady at 2.25% today in its first policy meeting of 2026, keeping borrowing costs unchanged as expected. Officials noted that inflation is projected to stay close to the 2% target and economic growth is modest as Canada adjusts to trade pressures, especially from U.S. tariffs. Uncertainty around global trade and geopolitical risks means the next move on rates is hard to predict, but for now the Bank says the current rate remains appropriate.

01/27/2026

Thanks to Merix Financial for the invite to the breakfast. Great insights and Q&A with CIBC's chief economist.

Address

105-20171 92 Avenue
Langley, BC
V1M3A5

Telephone

+16047105521

Website

http://www.conlanfinance.com/

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