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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Rising mortgage costs put Canadian homeowners at risk
11/4/2025 | Posted in Home Owners by Jessi Sandhu
A growing number of Canadians could face difficulties making mortgage payments when they renew their loans this year and next, according to a new report. ...
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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 ...
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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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Latest central bank decision sees no relief for mortgage borrowers
7/31/2025 | Posted in Interest Rates by Jessi Sandhu
Variable rates are set to remain unchanged, while fixed-rate borrowing costs aren't likely to fall anytime soon ...
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Bank of Canada reveals latest rate decision as tariff turmoil rages on
7/30/2025 | Posted in Mortgage Interest Rates by Jessi Sandhu
The central bank faced a tough call amid rising inflation and continuing trade chaos ...
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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 says. ...
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Stormy economy could lead to higher strain in Canada's mortgage market
6/16/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
CMHC isn't sounding the alarm on the mortgage outlook, but its deputy chief economist flagged some 'warning signs' as Trump's tariff chaos continues ...
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Fixed mortgage rates rise as lenders retreat from aggressive pricing
6/4/2025 | Posted in Mortgage Interest Rates by Jessi Sandhu
A growing number of lenders have continued raising pricing in recent weeks, particularly for uninsured terms. ...
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Ontario delinquencies reach alarming highs amid mortgage renewal surge
5/28/2025 | Posted in Financial Health by Jessi Sandhu
Ontario’s mortgage delinquency rate soared to record highs in the first quarter of 2025, marking the most severe year-over-year spike in the country and raising red flags ...
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Retiring mortgage free? Not the reality for many Canadians
5/27/2025 | Posted in Financial Health by Jessi Sandhu
Millions of Canadians are facing retirement with a tough housing choice: downsize or continue to make monthly mortgage payments. ...
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Fixed rates are creeping up - and variable-rate discounts are shrinking too
5/2/2025 | Posted in Mortgage Interest Rates by Jessi Sandhu
Some of the lowest fixed mortgage rates have vanished in recent weeks, and lenders are quietly tightening up their variable-rate discounts too. ...
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Fixed mortgage rates are falling, but variable rates remain stubbornly high
4/5/2025 | Posted in Mortgage Interest Rates by Jessi Sandhu
In an unusual twist in Canada's mortgage market, fixed mortgage rates are on a downward trajectory while variable-rate pricing is tightening. This divergence presents both ...
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Canada's mortgage arrears creep back to record pandemic levels
4/1/2025 | Posted in Financial Health by Jessi Sandhu
Despite affordability gains, missed payments hit highest rate since early 2021 ...
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Canada's banking regulator considers alternative to mortgage stress test
3/11/2025 | Posted in Home Buyers by Jessi Sandhu
Canada’s top banking regulator is considering a new approach to mortgage risk management that could replace the current stress test with stricter rules on how much banks can ...
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Canada's new mortgage rules are here: Insights from brokers
12/16/2024 | Posted in Mortgage News by Jessi Sandhu
Sweeping changes to Canada’s mortgage system, announced in September by the federal government, officially took effect on Sunday. Brokers said the changes could open the ...
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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 ...
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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 that ...
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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 ...
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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 Wednesday, ...
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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 ...
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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, mortgage ...
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OSFI eliminated mortgage stress test to avoid losing public confidence: Routledge
10/3/2024 | Posted in Mortgage News by Jessi Sandhu
Canada’s banking regulator recently relaxed its mortgage stress test rule partly due to concerns about how the public perceives the agency’s role, according to Peter ...
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Mortgage Digest: 50% odds of a 50-bps October rate cut, experts say
10/1/2024 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
Markets are increasingly betting on the Bank of Canada delivering a 50-basis point rate cut during its October 23 policy decision, with the odds now sitting at around 53% ...
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Federal government releases technical details of its latest mortgage changes
9/25/2024 | Posted in Government and Regulation by Jessi Sandhu
As a follow-up to last week’s announcement, the federal government has unveiled a more detailed framework for its updated mortgage rules, which are set to take effect on ...
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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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