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

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,

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

Is The Mortgage Stress Test Changing In 2024? Expert Analysis

The Canadian mortgage stress test, a policy implemented in 2018 to safeguard borrowers and the financial system against potential interest rate shocks, has been a

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

Everything You Need to Know About the First Home Savings Accounts (FHSA) in 2024

Skyrocketing housing prices in Canada making your dream of owning a home feel impossible? You're not alone. Countless first-time homebuyers are facing this challenge, but

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.