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

Navigating the Bank of Mom and Dad: The Impact of Parental Wealth on Millennial Homebuyers in Canada

The dream of homeownership is deeply ingrained in Canadian culture, but achieving it seems increasingly out of reach for many millennials. Soaring property values, stringent

What is Mortgage Payment Shock? A Canadian's Survival Guide to the Economy Crisis in 2024

The year 2024 is shaping up to be a challenging one for Canadian homeowners. With interest rates on the rise and a potential economic crisis

Interest Rates vs. Affordability: Your Ultimate Mortgage Guide (2024)

Welcome to your 2024 guide for navigating the exciting world of Canadian mortgages. Navigating the Canadian mortgage landscape can feel overwhelming, especially with the fluctuating

Top 10 Trends Shaping The Canadian Mortgage You Need To Know in 2024!

As we embark on a new year, the Canadian housing market is poised for significant transformations, influenced by many factors that will shape the mortgage

Canada Now Offers 30-Year Mortgages For First-Time Buyers: All The Details You Need To Know!

The Canadian Government Adjusted Mortgage Regulations In Budget 2024 To Alleviate Housing Affordability Challenges For Young Canadians. This initiative seeks to lessen the financial strain

Unlock Homeownership Dreams: Explore The Trending Halal Mortgages In Canada

Halal Mortgages Enable You To Enter The Canadian Housing Market Without Compromising Your Faith’s Principles Against Interest Payments, Offering A Lawful And Interest-Free Path To

Canada Announces Capital Gains Tax Increase to Fund Affordable Housing Initiatives

Canada Is Going To Increase Capital Gains Taxes On Corporations And High-Net-Worth Individuals To Finance Tens Of Billions Of Additional Expenditures On Affordable Housing And

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

Announcement for Borrowers: Prepare for the Incoming Income Stress Test

The Office of the Superintendent of Financial Institutions (OSFI) in Canada has recently announced significant changes in borrowing requirements for mortgage applicants, marking a major

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