Tag: #RealEstateCanada
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Between 2.1 and 2.4 million Canadian households are renewing in 2025–2026, representing about 60% of all mortgages, with many seeing 6–20% payment increases and some up to 40%.
Between 2.1 and 2.4 million Canadian households are renewing in 2025–2026, representing about 60% of all mortgages, with many seeing 6–20% payment increases and some up to 40%. A fixed-rate borrower who locked at around 1.4% in 2020 and renews near 3.9–4.0% today can see annual payments rise by nearly $7,000, which is a serious Read more
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RENT PRICES DROPPING NATIONWIDE!
Average asking rents in Canada decreased for eight months, reaching $2,129 in May, attributed to increased supply and economic uncertainty. Read more
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Mortgage Delinquencies on the Rise!
RBC notes rising mortgage delinquencies in the GTA as interest rates strain homeowners, highlighting the need for mortgage options. Read more