Pegasus Blog

How Many Homes Does Canada Need to Build? CMHC 2026

Canada needs to build between 417,000 and 469,000 new homes every year through 2036 to restore housing affordability to pre-pandemic (2019) levels, according to CMHC's Fall 2026 Housing Supply Report released on September 10, 2026. At the current pace, Canada

Variable Rate Mortgage Canada: Why Borrowers Shifted 2026

Mortgage Renewal Regret in Canada: Avoid These Mistakes

Core vs Headline Inflation: What It Means for Your Mortgage

Canadian Mortgage Bonds & the New U.S. Rules Explained

Mortgage Renewal Stress Test: Do You Need It in 2026?

In Canada, if you switch mortgage lenders at renewal on the same loan balance and the same remaining amortization, the new lender is generally not

Mortgage Portability in Canada: Move and Keep Your Rate

Yes, most Canadian mortgages are portable, meaning you can transfer your existing rate, balance, and term to a new home when you move. Lenders typically

Missed Payments & Mortgage Approval in Canada (2026)

Yes. Missed credit card, auto loan, or personal loan payments can affect your ability to get a Canadian mortgage, even if your mortgage or rent

Toronto's $2.7B Rental Housing Deal: ACLP Explained

Toronto is funding roughly 5,600 new rental homes through a $2.7 billion partnership announced by the federal government and the City of Toronto on August

How Credit Card Debt Affects Mortgage Approval in Canada

The short version Credit card debt reduces your mortgage approval in Canada in two ways: the required monthly payment is added to your debt-service ratios,

Student Housing Financing in Canada: A Practical Guide

Student housing in Canada is typically financed through one of four routes: CMHC-insured multi-unit loans (including the Apartment Construction Loan Program and MLI Select) for

Why Canadian Mortgage Balances Are Rising in 2026

Canadian mortgage balances rose about 3.9% year over year in Q2 2026, even as the total number of mortgage accounts slipped slightly. The split happens

Solar Panels & Mortgage Approval in Canada

In Canada, solar panels can affect mortgage approval based on how the system is owned. An owned solar system generally does not block approval and

30 Year Mortgage on a Duplex or Triplex in Canada

Yes — Canadians can get a 30-Year Mortgage amortization on a duplex or triplex, but eligibility is gated by four conditions: the property must be

Collateral Charge vs Standard Mortgage Charge Canada

A standard charge registers the exact amount you borrow and can typically be moved to a new lender at renewal with minimal cost. A collateral

Co-Signer vs Guarantor Mortgage Canada: Risks & Rights

In Canada, a mortgage co-signer and a guarantor both help a borrower qualify, but their legal position is different. A co-signer is a full co-borrower

Renew With Your Bank or Switch Lenders? (Canada 2026)

In a sentence: Since November 21, 2024, most uninsured Canadian borrowers can switch mortgage lenders at renewal without repeating the OSFI B-20 stress test, as