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Pegasus Mortgage Lending Center Inc.

General Knowledge

High Interest Rates: Is Now The Time To Invest Or Pay Down Your Mortgage?

Navigating today's financial landscape can feel like traversing a minefield, especially when managing your mortgage amidst rising interest rates. You might be grappling with a

Ontario Developers Face Crisis as New Home Construction Plummets

The Ontario housing market, once a goldmine for developers, is now experiencing a significant downturn that has many in the industry deeply concerned. Record-low sales,

What You Need to Know About Selling Your Home Before Your Mortgage Term Ends

There are many reasons why you might decide to sell your home before your mortgage term is up. Perhaps you’re relocating, your family situation has

Rate Cuts Enhance Home Affordability Across Canada in August

August brought welcome news for Canadian homebuyers as recent rate cuts have significantly improved home affordability. The Bank of Canada’s interest rate reductions is making

Taking Control of Your Finances This Fall: A Guide to Debt Consolidation

As the leaves begin to change and the air turns crisp, fall is the perfect time to take control of your finances and set yourself

The Pitfalls of "Girl Math" When Saving for a Mortgage

In recent years, the concept of "Girl Math" has gained popularity, especially on social media. It’s a fun, light-hearted way that some people use to

Understanding Hail Damage Insurance: What You Need to Know

Hailstorms are a significant concern for homeowners and vehicle owners alike, with the potential to cause extensive damage to roofs, windows, siding, and vehicles. After

Canada’s Inflation Rate Drops to 2.5% in July

Canada's annual inflation rate fell to 2.5% in July, marking the lowest level since March 2021, according to Statistics Canada. This is a slight decrease

Essential Guide to Landlord Insurance for Renting to Students

Renting your property to students can be a lucrative opportunity, but it also brings unique challenges. Ensuring that you have the right insurance coverage tailored

Tenant Insurance Overview: What Every Renter Should Know

As Canada's rental market continues to grow, with about one-third of Canadians now renting their homes according to the 2021 census, tenant insurance is becoming

What Is Mortgage Porting? Everything You Need To Know

Mortgage porting, also known as transferring a mortgage, is a valuable feature that allows you to transfer your existing mortgage, including its interest rate and

From Pre-Approval To Closing: Pegasus Is With You Every Step

Navigating the mortgage landscape can be overwhelming, especially for first-time homebuyers. Finding the right path to homeownership can seem daunting with many lenders, mortgage types,