Pegasus Blog

Lower inflation in Canada does not automatically lower your mortgage rate, but it moves the levers that eventually can. Cooling CPI reduces pressure on the

The July 2026 MNP Consumer Debt Index reports that 61% of Canadians have at least half of their income committed to bills and debt before

. CREA cut its 2026 forecast on July 15 because population growth slowed faster than expected and fixed mortgage rates spiked earlier in the year.

Yes, but only partly. Canada’s real estate market is stabilizing without fully recovering. Prices have flattened, sales are edging up, and affordability is at a

This article is for informational purposes only and does not constitute financial advice. Rate figures are as of the Bank of Canada announcement of July

The sales-to-new-listings ratio is a percentage that shows whether Canadian home sales are keeping pace with new listings. Above 60 percent tilts toward sellers, below

Toronto home sales rose 9.4% year-over-year in June 2026 while new listings fell 12.9%, marking the fourth straight month of sales gains and a tightening

A mortgage shortfall at closing means the lender is willing to fund less than you need to complete the purchase, usually because the appraisal came

Yes — you can often still get a mortgage in Canada even when the appraisal comes in below the purchase price, but the deal usually

This article is for informational purposes only and does not constitute financial advice. Rate figures reflect best advertised rates as of the week of July

Last Updated: July 2026 Short answer: Whether to wait depends on your finances, not on the market. Elevated borrowing costs, home prices that still feel

Last updated: July 2026 Quick Answer In the second half of 2026, the Bank of Canada is expected to hold its overnight policy rate at