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Pegasus Mortgage Lending Center Inc.

General Knowledge

Canadian Housing Market July Sales in Focus Across Major Cities

The Canadian housing market has been navigating a complex landscape over the past year. Interest rate hikes, economic uncertainty, and shifting buyer sentiment have created

Variable Vs. Fixed Mortgages: Switch Now With Pegasus' Expert Guidance

The Bank of Canada's recent rate cuts have offered a glimmer of hope to borrowers feeling the squeeze of higher interest costs. But what if

Mortgage Trigger Warning: Protecting Your Finances Amidst Rising Interest Rates in Canada

In recent years, Canadian mortgage holders have faced a rollercoaster of interest rate changes. The Bank of Canada's (BoC) aggressive rate hikes between March 2022

Canadian Housing Market Cools, Creating Opportunities in June 2024

The winds of change are blowing through the Canadian housing market, bringing a refreshing breeze of affordability to many prospective buyers. June 2024 marked a

What You Need to Know About the Bank of Canada's Key Interest Rate Now at 4.5%

The Bank of Canada (BoC) made a significant announcement on July 24th, 2024, slashing its key interest rate by 25 basis points to 4.5%. This

US Inflation Eases: What Does It Mean For Canada's Economy?

The recent slowdown in US inflation to 3% in June has ignited optimism for potential rate cuts by the Federal Reserve, influencing market expectations and

OSFI's Mortgage Market Warning: Your Action Plan To Protect Finances

A chilling report from the Office of the Superintendent of Financial Institutions (OSFI), the nation's top banking regulator, paints a grim and foreboding picture of

Unlock Your RRSP: First-Time Home Buyer Guide to the $60K HBP

Are you a first-time home buyer in Canada, struggling to save for a down payment in today's real estate market? The Canadian government's Home Buyers'

Canada Rate Cut Odds Soar As Inflation Cools To 2.7% In June

Canada's economy received a welcome surprise in June 2024 as the annual inflation rate cooled to 2.7%, defying the unexpected spike to 2.9% in May.

Canadian Mortgage Pre-Approval: Ultimate Smart Moves to Get Approved

The Canadian dream of homeownership: a cozy condo overlooking Vancouver's skyline, a charming bungalow nestled in Toronto's tree-lined streets, or a spacious family home where

Your Canadian Debt Consolidation Guide: Compare Rates And Save Money

If you're grappling with escalating credit card debt or high-interest loans, recent statistics show you're not alone. A 2023 report from the Licensed Insolvency Agency

The Complete Guide To Toronto Homeownership Cost Breakdown (2024)

Toronto's real estate market is notorious for its sky-high prices, making the dream of homeownership a daunting financial endeavour for many. While the allure of