Pegasus Blog

Can You Trust AI for Mortgage Advice in Canada?

AI tools like ChatGPT, Gemini, and Copilot can give useful general background on how Canadian mortgages work, but they are not reliable sources of specific mortgage advice. They frequently mix Canadian and US rules, cite outdated or non-existent lender programs,

Mortgage Renewal Letter: When Your Bank Must Notify You

How Long Does a Mortgage Rate Hold Last in Canada?

Mortgage Rate Lock vs Float Down in Canada: 2026 Guide

Mortgage Renewal Statement Canada: What's Required

Switching Mortgage Lenders at Renewal: Is It Worth It?

Last updated · October 2026 Quick answer Switching mortgage lenders at renewal is often worth it when the rate savings over the new term clearly

Modular & Manufactured Home Mortgages Canada 2026

Disclaimer. This article is for informational purposes only and does not constitute financial advice. Speak with a licensed mortgage professional before making any mortgage decisions.

Co-Ownership of a Home in Canada: How It Works (2026)

Co-ownership in Canada — the short version Co-ownership means two or more people share both the title and the mortgage on a single Canadian property.

Gen Z Home Buyers in Canada: How They Make It Work

Gen Z Canadians are reaching homeownership by making three trade-offs at once: cutting lifestyle spending to grow a down payment, accepting higher mortgage rates than

Property Flipping Tax Canada: The 365-Day Rule Explained

This article is for informational purposes only and does not constitute financial, tax, or legal advice. Speak with a licensed mortgage professional and a qualified

Principal Residence Exemption & Cottages in Canada

This article is for informational purposes only and does not constitute financial or tax advice. Speak with a licensed mortgage professional before making any mortgage

GST/HST Instalment Due Oct 31, 2026: What You Owe

The third GST/HST instalment for 2026 is due October 31, 2026 , covering the July–September quarter. Annual filers whose net GST/HST owing was $3,000 or

Productivity Mega Deduction Canada: Is It Permanent Now?

Yes — if enacted as proposed, Canada’s Productivity Mega Deduction is a permanent measure, not a temporary one. Announced by Prime Minister Mark Carney on

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

Variable Rate Mortgage Canada: Why Borrowers Shifted 2026

Canadians are choosing variable-rate and shorter-term fixed mortgages because borrower expectations have shifted with the rate cycle. CMHC data shows that in Q1 2026, 35.5%

Mortgage Renewal Regret in Canada: Avoid These Mistakes

Yes, a meaningful share of Canadians regret their mortgage renewal choices. In CMHC's Mortgage Consumer Survey, 25% of mortgage consumers said they regretted at least

Core vs Headline Inflation: What It Means for Your Mortgage

Core inflation strips out volatile items like gasoline and fresh food to show the underlying trend the Bank of Canada actually targets. Headline inflation is