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Pegasus Mortgage Lending Center Inc.

General Knowledge

Rising Fixed Rates? Get The Best Mortgage Deal In Canada Now

The Canadian Housing Market Is A Multifaceted Entity That Has Recently Encountered An Intriguing Development: A Rise In Fixed Mortgage Interest Rates. This information may

Worried About Rising Rates? Short-Term Mortgages vs. Locking In Now

Bank of Canada Statistics : Canadian homeowners are facing a crossroads. As of April 2024, the Bank of Canada's key interest rate is 5%. This

The mortgage trigger rate: everything you need to know

In the context of home loans, you might have heard of the term "mortgage trigger rate," which refers to the point at which your adjustable-rate

Canadians Paying Billions in Bank Fees? Strategies to Avoid Excess Bank Fees

As the federal government pushes to reduce bank fees, a report from North Economics states that Canadians are overpaying by billions of dollars annually (over

How Much Do Millennials REALLY Need To Save For Retirement?

Are you a millennial wondering how much you should accumulate for your golden years? You're not alone. Particularly for our generation, retirement planning is not

Canada Interest Rates on Hold: Bank of Canada Maintains 5% Rate to Fight Inflation

The Bank of Canada's recent decision to keep its key interest rate steady at 5% has sparked widespread interest and speculation Amidst ongoing worries about

Swipe or Load? Unveiling the Secrets of Prepaid Travel Card vs. Credit Cards for International Travel

What if I told you that deep inside your wallet is a secret code allowing you to maximize the amount of money you save on

Does Your Home Insurance Cover Damage from Extreme Cold? Understanding Your Coverage

In Canada, where winters are notorious for their bone-chilling temperatures, having robust home insurance isn't just a luxury – it's a necessity As the mercury

Rent Affordability & Grocery Price Relief: Government Unveils New Measures

As part of Canada's economic plan, the Honourable Deputy Prime Minister and Minister of Finance, Chrystia Freeland, announced that the federal government is taking new

Sales-to-New Listings Ratio (SNLR): The Buyer vs. Seller Market Dynamic

When selling a home, every individual wants the highest price. In contrast, homebuyers aim for the lowest. That's where the sale-to-list ratio comes in. It's

Beat Your Debt! Avalanche vs. Snowball: The Ultimate Payoff Showdown

Are you struggling with high-interest debt? Don't worry; there are some simple ways out. Two popular debt payoff methods, the avalanche and snowball, can help

Peace of Mind for Borrowers: How Line of Credit Insurance Protects Loved Ones

Credit line insurance, also known as line of credit insurance, protects individuals with credit products like a home-equity line of credit account (HELOC). This insurance