Skip to content
Pegasus Mortgage Lending Center Inc.

Pegasus Blog

Modular & Manufactured Home Mortgages Canada 2026

Disclaimer. This article is for informational purposes only and does not constitute financial advice. Speak with a licensed mortgage professional before making any mortgage decisions. Last updated: September 2026 Quick Answer Yes — Canadians can get a mortgage on most

Income Stress Test

Announcement for Borrowers: Prepare for the Incoming Income Stress Test

This action is in response to concerns about increasing risky loans with high debt levels in banks' home loan collections. Canadian borrowers carry some of

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

The report by the Alberta-based firm compared fees at the Canadian Big Five banks – RBC, TD, BMO, CIBC and Scotiabank – with what consumers

Mortgage payment Default

Rising Tide: The Surge in Mortgage Payment Defaults!

Equifax Canada's fourth-quarter 2023 report reveals a troubling trend: an increasing number of borrowers are falling behind on their mortgage payments, particularly as they face

How Much Do Millennials REALLY Need To Save For Retirement?

Particularly for our generation, retirement planning is not a universally applicable proposition. Millennials have diverse life paths that can significantly impact their ability to save,

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

Amidst ongoing worries about inflation and economic uncertainties, the central bank's cautious stance highlights the challenges of balancing economic stability and inflationary pressures. This article

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

Imagine yourself at the start of an incredible journey, eager to discover far-off places and make enduring memories. But amid all the excitement, handling your

Credit Card Confusion?

Credit Card Confusion? Everything You Need to Know (But Were Afraid to Ask!)

When you swipe your credit card, you're essentially borrowing money to pay for your stuff, promising to pay it back later. It's like a mini

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

As the mercury drops, the risk of costly damage to homes rises, posing a significant threat to your financial stability. Home insurance is a lifeline,

Rent Affordability & Grocery Price Relief: Government Unveils New Measures

To provide rent support to low-income renters, increase the availability of emergency shelter spaces in cities nationwide, and combat corporate greed to reduce grocery prices.

Down Payment Assistance Programs

Avoid High Mortgage Costs: Down payment Assistance Programs in Canada

With rising student debt, strict credit score demands, and the ever-rising cost of living, saving for a house seems unbeatable for many Canadians. But fear

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

That's where the sale-to-list ratio comes in. It's not just a number; it's a window into the real estate market dynamics. It tells you whether

Is Now The Time To Buy In Canada? Navigating The 2024 Housing Market Maze

Similarly, Toronto's housing market saw a surge in activity during January 2024, with 4,223 sales recorded through the Toronto Regional Real Estate Board's (TRREB) MLS®