Pegasus Blog

Mortgage Portability in Canada: Move and Keep Your Rate

This article is for informational purposes only and does not constitute financial advice. Speak with a licensed mortgage professional before making any mortgage decisions. Quick Answer Yes, most Canadian mortgages are portable, meaning you can transfer your existing rate, balance,

Missed Payments & Mortgage Approval in Canada (2026)

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

How Credit Card Debt Affects Mortgage Approval in Canada

Student Housing Financing in Canada: A Practical Guide

BoC Rate Cuts Open New Mortgage Opportunities

The Bank of Canada (BoC) has been making headlines with its series of interest rate cuts, and borrowers across the country are feeling the impact.

Canadian Banks Q4 Earnings: Navigating Uncertainty and Looking for Growth

The Canadian banking sector is poised for a pivotal Q4 earnings season, with investors eager to see if the positive momentum built in recent months

GST/HST Holiday Tax Break: How Canadians Can Save Big This Season

The Canadian government has announced a two-month GST/HST tax break to provide relief on holiday essentials. Canada continues to grapple with high living costs despite

OSFI: No More Stress Test for Uninsured Mortgage Renewals

In a landmark decision, the Office of the Superintendent of Financial Institutions (OSFI) has removed the stress test requirement for uninsured mortgage borrowers switching lenders

Mortgage Renewal in Canada 2025: Key Information for Homeowners

The Canadian mortgage landscape is undergoing a significant transformation as we head into 2025. With interest rates rising, borrower preferences shifting, and a surge in

Bank Of Canada Rate Cuts Fuel Demand In Metro Vancouver Housing Market (October 2024)

Key Takeaways: Sales Surge: October 2024 witnessed a remarkable 31.9% year-over-year increase in Metro Vancouver Housing Market , signalling a potential market rebound. This surge,

Toronto Housing Market Rebounds Strongly in October 2024

October 2024 witnessed a resurgence in the Toronto housing market, with homebuyers returning in droves as lower interest rates reignited affordability and eased mortgage costs.

Canadian Housing Market Roars Back to Life: October Sales Surge as Buyers Pounce on Increased Supply and Lower Rates

The Canadian housing market came roaring back to life in October, defying expectations and signalling a potential shift in the landscape. After months of subdued

Is a 10-year Fixed Mortgage the Right Choice for You in 2024?

The Canadian mortgage landscape offers a variety of options, each tailored to different needs and financial situations. While the 5-year fixed-rate mortgage reigns supreme, the

Alberta Leads with Halal Mortgages: Shariah-Compliant Financing for Everyone

In a landmark move towards greater financial inclusion, the Alberta government has introduced legislation that will allow provincially regulated banks to offer halal mortgage products.

Vancouver and Montreal Housing Markets Surge: Is a New Boom Ahead?

Canada's housing market has been a bit of a mixed bag lately, but two major cities are bucking the trend and showing signs of a

Bank of Canada Interest Rate Cut Trends: All You Need to Know

The Bank of Canada (BoC) is changing its tune. After a period of aggressive interest rate hikes to combat inflation, the central bank is now