What to expect from Canada's 2026 mortgage renewal wave
12/2/2025 | Posted in Mortgages and Real Estate by Jessi Sandhu
Will Canada see a renewal crisis next year, or can borrowers absorb the shock of higher rates?
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What does BoC's latest rate cut mean for Canada's housing market?
10/29/2025 | Posted in Mortgages and Real Estate by Jessi Sandhu
Lower rates ease payments, but buyers and lenders stay cautious
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Latest BoC decision a 'move in the right direction' for housing market
9/22/2025 | Posted in Mortgages and Real Estate by Jessi Sandhu
Don't expect a big immediate jump in purchase activity, but experts suggest there's cause for cautious optimism
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Majority of Canadians say mortgage fraud drives up prices and creates unfair competition
9/8/2025 | Posted in Mortgages and Real Estate by Jessi Sandhu
A new MPC–Pollara survey shows growing concern about fraud in the housing market, and strong support for CRA-led income verification
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Nine reasons why waiting for homes to become more affordable may not be the best plan
8/15/2025 | Posted in Mortgages and Real Estate by Jessi Sandhu
Tariff turmoil is fuelling both inflation and disinflation at the same time, but which force is greater is yet to be known. The verdict could affect thousands of would-be ... More
Young families' mortgage balances drop despite rising housing costs
7/30/2025 | Posted in Mortgages and Real Estate by Jessi Sandhu
New data reveals a surprising shift in under-35 homeownership trends
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Fixed-rate borrowers face up to 20% payment hikes at renewal, BoC warns
7/23/2025 | Posted in Mortgages and Real Estate by Jessi Sandhu
Bank of Canada data shows fixed-rate borrowers face the steepest payment hikes this year and next, but not all mortgage holders are in the same boat
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60% of Canadians renewing mortgages could see payments go up by 2026
7/17/2025 | Posted in Mortgages and Real Estate by Jessi Sandhu
Most Canadian mortgage holders renewing their mortgages in 2025 or 2026 are likely to see an increase in their monthly payments, a recent report by the Bank of Canada ... More
Scotiabank now sees three Bank of Canada rate cuts in 2026
4/29/2025 | Posted in Mortgages and Real Estate by Jessi Sandhu
Scotiabank has revised its interest rate forecast, now predicting the Bank of Canada will deliver three cuts in 2026 as the global economy feels the strain of escalating U.S. ... More
OSFI warns of mortgage payment shocks as key risk to Canada's financial system
3/12/2025 | Posted in Mortgages and Real Estate by Jessi Sandhu
Canada’s banking regulator has flagged mortgage payment shocks as a significant risk to the country’s financial stability, citing the large volume of mortgages set ... More
Canada's coming mortgage renewal wave: No longer a crisis?
12/17/2024 | Posted in Mortgages and Real Estate by Jessi Sandhu
It was billed as a potential looming crisis for Canada’s economy: the wave of mortgages coming up for renewal in 2025 and 2026 at significantly higher rates than those on ... More
By how much could the Bank of Canada cut rates in December?
11/26/2024 | Posted in Mortgages and Real Estate by Jessi Sandhu
The Bank of Canada (BoC) is preparing for its final rate announcement of 2024 on December 11, with economists anticipating a potential further reduction in its lending rate ... More
OSFI's stress test change sparks industry confusion
11/29/2024 | Posted in Mortgages and Real Estate by Jessi Sandhu
Canada’s banking regulator threw the mortgage industry a curve ball last week when a representative suggested there were some restrictions to a recent policy change most ... More
Canada's banking regulator loosens mortgage stress-test rules. Who will benefit?
11/25/2024 | Posted in Mortgages and Real Estate by Jessi Sandhu
Effective Thursday, uninsured bank borrowers no longer need to show they can afford a higher rate when switching lenders.
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Canada's mortgage renewal wall: A 'headwind' but not a crisis
11/14/2024 | Posted in Mortgages and Real Estate by Jessi Sandhu
BMO economist predicts homeowners can absorb higher mortgage rates
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Bank of Canada says changes to mortgage structure will not resolve housing affordability
11/6/2024 | Posted in Mortgages and Real Estate by Jessi Sandhu
Canada's housing affordability cannot be resolved by changing the country's unique mortgage structure, the Bank of Canada's Senior Deputy Governor said on ... More
CMHC says risks remain in mortgage market as delinquencies creep up
11/4/2024 | Posted in Mortgages and Real Estate by Jessi Sandhu
Canada's housing agency says risks remain in the mortgage market as over a million contracts are up for renewal next year while a growing share of new mortgages are being ... More
Canadian homeowners consider switch to variable rate mortgages after big rate cut
10/24/2024 | Posted in Mortgages and Real Estate by Jessi Sandhu
More Canadian homeowners are considering switching to variable rate from fixed rate mortgages after an unusually large interest rate cut by the central bank on Wednesday, ... More
Rate drops help boost housing affordability: RBC
10/9/2024 | Posted in Mortgages and Real Estate by Jessi Sandhu
Interest rate cuts by the Bank of Canada in recent months have helped reduce ownership costs for homeowners and buyers and bring about a slight improvement in the overall ... More
Is breaking your mortgage for a lower rate worth the prepayment penalty?
9/22/2024 | Posted in Mortgages and Real Estate by Jessi Sandhu
As interest rates continue to drop, borrowers might wonder if they should renegotiate their fixed-rate mortgage. But at what cost?
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