Don't expect a shock from the BoC's next decision

6/9/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The Bank of Canada's June 10 decision is shaping up to be one of its quietest yet. ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Mortgage Consumers

Bank of Canada makes interest rate decision

4/29/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The Bank of Canada announced today that it will maintain its overnight interest rate at 2.25%, choosing stability as inflation pressures and economic uncertainty continue to ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Living, Mortgage Consumers

Canada bond yields soar to highest level since July

3/20/2026 | Posted in Mortgages and Real Estate by Jessi Sandhu

Fixed rates likely to jump as Iran conflict and economic unease continue to push yields higher ... More

Tags: Bank of Canada Benchmark Rate, Fixed Rate Mortgages, Interest Rate Forecast, Mortgage Consumers, Mortgage Interest Costs, Mortgage Rate Forecast, Mortgage Rates Canada, Mortgage Renewals, Mortgage Trends

Mortgage stress starting to surface as Canada enters peak renewal cycle

3/17/2026 | Posted in Mortgages and Real Estate by Jessi Sandhu

Severe mortgage delinquencies jumped in late 2025 even as the overall rate stayed low, new Equifax data shows, offering an early signal of strain as Canada enters peak mortgage ... More

Tags: Bank of Canada Benchmark Rate, Home Owners, Mortgage Arrears, Mortgage Consumers, Mortgage Debt, Mortgage Delinquency, Mortgage Renewals, Mortgage Trends, Stress Test

Bank of Canada signals rates could rise even in a slowdown

3/2/2026 | Posted in Mortgage Interest Rates by Jessi Sandhu

The Bank of Canada opened the door to future rate hikes even in a soft economy, a message that underscores just how uncertain the path ahead remains for mortgage borrowers. ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Mortgage Consumers, Mortgage Debt, Mortgage Interest Costs, Mortgage Rate Forecast, Mortgage Rates Canada, Mortgage Trends, Variable Rate Mortgages

Mortgage debt soars while starter homes get out of reach for many Canadians

2/24/2026 | Posted in Canada Living by Jessi Sandhu

Canadians took on more mortgage debt last year, with the total debt hovering close to $2 trillion in 2025, a report by Equifax Canada shows. ... More

Tags: Canada Living, Mortgage Arrears, Mortgage Consumers, Mortgage Debt, Mortgage Delinquency, Mortgage Interest Costs, Mortgage Rates Canada, Mortgage Renewals

Here's how homeowners are coping with mortgage renewals in a choppy economy

2/13/2026 | Posted in Home Sellers by Jessi Sandhu

Rising delinquencies made renewal decisions far less forgiving ... More

Tags: Home Owners, Home Ownership, Mortgage Arrears, Mortgage Consumers, Mortgage Debt, Mortgage Delinquency, Mortgage Interest Costs, Mortgage Renewals

Mortgage brokers share options for homeowners facing a mortgage non-renewal

2/12/2026 | Posted in Mortgage Advice by Jessi Sandhu

Getting your mortgage renewed can be stressful for some homeowners, but getting a non-renewal from your lender can take that stress to a whole new level. ... More

Tags: Home Owners, Mortgage Advice, Mortgage Consumers, Mortgage Debt, Mortgage Renewals

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? ... More

Tags: Canada Mortgage and Housing Corporation, Canadian Mortgage Market, Mortgage Consumers, Mortgage Rate Forecast, Mortgage Rates Canada, Mortgage Renewals, Variable Rate Mortgages

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. ... More

Tags: Home Owners, Mortgage Consumers, Mortgage Debt, Mortgage Renewals

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 ... More

Tags: Home Prices, Mortgage Consumers

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

Tags: Canada Living, Canadian Housing Market, Home Buyers, Mortgage Consumers

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 ... More

Tags: First Time Home Buyers, Home Buyers, Home Buying Parental Support, Mortgage Consumers, Mortgage Debt, Mortgage Trends

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 ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Fixed Rate Mortgages, Interest Rate Forecast, Interest Rates, Mortgage Consumers, Mortgage Interest Costs, Mortgage Trends, Variable Rate Mortgages

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 ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Interest Rates, Mortgage Consumers

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 ... More

Tags: Canadian Mortgage Market, Fixed Rate Mortgages, Mortgage Consumers, Mortgage Rate Forecast, Mortgage Rates Canada, Mortgage Trends

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. ... More

Tags: Canadian Mortgage Market, Mortgage Consumers, Mortgage Rates Canada, Mortgage Renewals

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 ... More

Tags: Canada Mortgage and Housing Corporation, Canadian Debt, Household Debt, Mortgage Amortization, Mortgage Consumers, Mortgage Debt, Mortgage Delinquency, Mortgage Interest Costs

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. ... More

Tags: Canadian Mortgage Market, Fixed Rate Mortgages, Mortgage Consumers, Uninsured Mortgages, Variable Rate Mortgages

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 ... More

Tags: Household Debt, Mortgage Consumers, Mortgage Debt, Mortgage Delinquency, NonMortgage Debt, Personal Finance

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. ... More

Tags: Canadian Seniors, Mortgage Consumers, Mortgage Debt, Personal Finance, Retirement

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. ... More

Tags: Canadian Mortgage Market, Fixed Rate Mortgages, Mortgage Consumers, Mortgage Rate Forecast, Mortgage Rates, Mortgage Trends, Variable Rate Mortgages

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 ... More

Tags: Mortgage Consumers, Mortgage Interest Costs, Mortgage Rate Forecast, Mortgage Rates, Mortgage Rates Canada

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 ... More

Tags: Mortgage Consumers, Mortgage Debt, Mortgage Delinquency, Mortgage Trends

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 ... More

Tags: Canada Living, First Time Home Buyers, Home Buyers, Mortgage Consumers, OSFI