September 3rd, 2026
The share of mortgages falling seriously behind edged higher in the second quarter, with the sharpest increases by outstanding balance recorded in Ontario and British Columbia, according to TransUnion. Nationally, … [read more]
August 26th, 2026
Canadian homeowners approaching mortgage renewal are being urged to start the process well ahead of their renewal date, with one broker warning that a shortage of time, not just higher … [read more]
Comments Off on Waiting Too Long to Renew A Mortgage Could Leave Homeowners with Fewer Options & Higher Costs
August 24th, 2026
Fears of an upsurge in Canadian inflation have soared in 2026, with the onset of the US-Iran war at the end of February spiking oil prices and raising the prospect … [read more]
Comments Off on More Turbulence for Canadian Housing Market with 2027 Rate Increased Potentially on The Horizon
August 18th, 2026
If you’re drowning in your mortgage and end up “underwater” on your home loan, can you just walk away from it? In the US, many American homeowners did just that … [read more]
Comments Off on Mortgage Shortfall Effect : A Strategic Default will Remain on Credit Reports
August 17th, 2026
Canada’s economy had a surprisingly resilient July, adding more than 75,000 jobs and far outpacing forecasts. But while that points to a stronger than expected economic performance, the Bank of … [read more]
Comments Off on Employment Increased, Bond Yields Further Cloud The Bank of Canada Rate Hike
July 16th, 2026
The Bank of Canada held its policy rate at 2.25% today, its sixth consecutive hold since the October 2025 cut. The decision reflects an ongoing balancing act : while economic … [read more]
Comments Off on Bank of Canada Holds Rate at 2.25%, The Decision Reflects an Ongoing Economic Growth & Inflation Balance Act
July 7th, 2026
Most home buyers know how much they’ll expect to pay for a mortgage, but the financial commitment doesn’t stop there. Expenses like the land transfer tax, home insurance, legal fees, … [read more]
Comments Off on Beyond The Mortgage : The True Costs of Homeownership in Canada
July 3rd, 2026
Highlights • Canadian fixed mortgage rates are climbing as the oil price shock persists. • Global conflict and trade uncertainty are pushing growth & inflation in opposite directions. • The … [read more]
Comments Off on Mortgage Rate, Bank of Canada & Economic Outlook
June 17th, 2026
There may be a perfect storm on the horizon, and it’s leaving Canada’s central bank paralyzed. The Bank of Canada (BoC) held its key interest rate at 2.25%, a widely … [read more]
Comments Off on Bank of Canada Sees Inflation Running Hot in The Near-Term as Economy is Stalling
June 16th, 2026
Saving for a 20% down payment is widely regarded as one of the most effective ways to reduce long-term housing costs. It lowers mortgage payments, eliminates the need for costly … [read more]
Comments Off on Incomes vs Savings Timeline : Why Down Payment Matters More Than Salary?
June 15th, 2026
Marking a continued period of stability, the Bank of Canada held its policy rate steady at 2.25% in its June announcement. By opting for another hold, the Bank is exercising … [read more]
Comments Off on Why The Bank of Canada Kept The Policy Rate Unchanged at 2.25%?
June 4th, 2026
(Bloomberg) — Canada’s housing market has plunged into one of its sharpest-ever corrections. Canadians say it hasn’t gone far enough. After a record surge in home prices following the COVID-19 … [read more]
Comments Off on Housing Market Has Plunged Into One of Its Sharpest-Ever Corrections, Still Leaves Canadians Locked Out
May 19th, 2026
First, the good news : the feared mortgage renewal wave still isn’t spilling into a national crisis in Canada, and may already have peaked. Still, a widening pool of arrears … [read more]
Comments Off on Rising Mortgage Arrears, Delinquencies Upswing 31% in Vancouver
May 1st, 2026
The Bank of Canada held its overnight lending rate at 2.25% in its third announcement of 2026, extending its pause as policymakers weigh soft domestic data against renewed price pressures … [read more]
Comments Off on Why The Bank of Canada Stayed on The Sidelines, What Borrowers Facing Now & Finding Opportunity in A Tougher Market
April 9th, 2026
Buying a home in Canada this year? The mortgage stress test is one of the first hurdles you’ll face. It’s not new, but the rules have shifted heading into 2026. … [read more]
Comments Off on How Does The Mortgage Stress Test Work in 2026?
April 1st, 2026
Highlights • Canadian fixed mortgage rates face upward pressure as geopolitical instability sends oil soaring. • Tariffs and the Iran conflict are driving growth and inflation concerns. • The Bank … [read more]
Comments Off on Mortgage Rate Forecast, Bank of Canada & Economic Outlook March-2026
March 23rd, 2026
Marking a continued period of stability, the Bank of Canada held its policy rate steady at 2.25% in its second announcement of 2026. By opting for its third straight hold, … [read more]
Comments Off on Bank of Canada Maintains Rate Hold : Opening A Spring Opportunity Amid Uncertainty
February 24th, 2026
Divorce extends beyond personal separation to include the division of long-term financial commitments. One of the most complex is the mortgage in a divorce in Ontario, particularly when it involves … [read more]
Comments Off on Understanding Mortgage Responsibility & Financial Adjustments After Separation
February 11th, 2026
In 2026, the Canadian housing market is recalibrating after a slower 2025. High costs of living are driving buyers toward smaller down payments under the new $1.5M insured mortgage rules, … [read more]
Comments Off on What’s Next in 2026 Real Estate : Major Downsizing, Generational Wealth Transfer & More First-Time Buyers
February 2nd, 2026
The Bank of Canada held the overnight lending rate steady at 2.25% in its first announcement of 2026. This rate hold confirms that the Canadian economy has moved past the … [read more]
Comments Off on Bank of Canada First Decision of 2026 : Why Waiting Could Cost Buyers?
January 6th, 2026
The Bank of Canada pumped the brakes on its cutting cycle today, announcing a rate hold after two consecutive cuts. This maintains the overnight lending rate at 2.25% and suggests … [read more]
Comments Off on Where Interest Rates are Heading & What to Expect Real Estate Market in 2026?
December 16th, 2025
Buying a home is one of the most exciting milestones in life. It’s also one of the biggest financial commitments you’ll ever make. The process can feel overwhelming, but with … [read more]
Comments Off on Homebuying Financial Journey with The Right Strategies
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