Pegasus Blog

Canadian first-time home buyers in 2026 can access five core federal programs plus stackable provincial and municipal benefits. Most rebates are claimed at closing through

Most first-time buyers in BC and Ontario can typically stack federal, provincial, and (in Toronto) municipal incentives on the same purchase — combined savings often

In Canada, getting pre-approved now is typically the safer choice in a volatile rate environment. A pre-approval locks in a quoted mortgage rate for up

In Canada, most buyers can typically afford a mortgage of roughly 3.5 to 4.5 times their gross annual household income , assuming minimal debt and

Variable mortgage rates are likely to stay broadly stable in 2026 because the Bank of Canada has held its policy rate at 2.25%. Fixed rates

In Canada, CMHC mortgage insurance is required when a buyer puts down less than 20% of the purchase price, and it is available on homes

A mortgage renewal happens at the end of your term — same lender, same loan amount, new rate. A mortgage refinance is a brand-new mortgage

The Bank of Canada held its policy rate at 2.25% on March 18, 2026. Variable-rate borrowers should see no change this cycle. Fixed-rate borrowers are

Yes — Canadian investors can still use rental income to qualify for investment property mortgages in 2026. The 2026 OSFI changes adjust how banks treat

Yes, most Canadians can still afford a home in 2026 — but qualifying income requirements remain near historic highs. The average Canadian household typically needs

As of April 2026, variable mortgage rates in Canada run roughly 0.50–0.70% lower than fixed rates. The factor most Canadians underestimate when choosing between them

As of April 2026, the lowest 5-year fixed mortgage rate in Canada is approximately 4.04% through independent mortgage brokers, and 4.29% at major chartered banks