For many buyers, $500,000 no longer feels like a realistic home-buying budget. Canada’s national average home price is approximately $674,819, putting the typical property well above the reach of many first-time buyers. But national averages can hide important local differences. In several Canadian cities, [...]

Canada's housing market may be moving into a new phase. According to the Canadian Real Estate Association's July 2026 data, national home sales increased 0.5% month-over-month. That was the fourth consecutive monthly gain. At the same time, new listings declined 1.6% month-over-month. The combination [...]

The Bank of Canada held its overnight rate at 2.25% on September 2, 2026. It was the seventh consecutive hold. That sounds like good news for borrowers. Variable mortgage rates and prime-based lending rates did not rise immediately. But fixed mortgage rates do not [...]

If you are buying a home, renewing your mortgage, or refinancing in September 2026, you may be asking the same question as thousands of other Canadians: Should you choose a fixed mortgage rate or a variable mortgage rate? The decision is more complicated than [...]

On July 15, 2026, the Bank of Canada (BoC) announced its sixth consecutive interest rate hold, keeping the policy rate at 2.25%. This decision signals a continued period of stability for the Canadian economy, but for homeowners approaching a mortgage renewal, the stakes remain [...]

Running your own business gives you flexibility. It can also make mortgage qualification more complicated. If you are self-employed in Canada, your tax return may not show your true borrowing power. Business owners often claim legitimate expenses, reinvest profits, or pay themselves through a [...]

If you are a first-time home buyer in Canada, August 2026 may offer something the market has not provided in years: more choice, less pressure, and time to think before making an offer. That does not mean buying a home is easy. Prices remain [...]

Finding the lowest mortgage rates is not as simple as choosing the smallest number in a search result. Your rate depends on the mortgage type, down payment, credit history, income, property, lender, and terms attached to the product. A rate that looks attractive may [...]

Mortgage refinancing can help you lower monthly debt stress, consolidate high-interest balances, access home equity, or restructure your mortgage for the next stage of your financial life. But refinancing is not automatically a money-saving move. The wrong timing, an expensive penalty, or a mortgage with [...]

As the Canadian real estate and mortgage markets look toward the upcoming September 2, 2026 announcement, anticipation is reaching a fever pitch. After an unprecedented streak of seven consecutive rate holds leaving the policy rate parked at 2.25%, borrowers, investors, and homeowners are wondering [...]