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Pegasus Mortgage Lending Center Inc.

mortgage rates

Articles tagged “mortgage rates”.

10-year fixed mortgage

Is a 10-year Fixed Mortgage the Right Choice for You in 2024?

The Canadian mortgage landscape offers a variety of options, each tailored to different needs and financial situations. While the 5-year fixed-rate mortgage reigns supreme, the

Is a Rate Cut on the Horizon? What the Latest Economic Indicators Mean for Canadian Homeowners

The Canadian economy is sending mixed signals, leaving experts debating the Bank of Canada's next move. While inflation has returned to the 2% target and

Canadian Housing Market in a Holding Pattern Amidst Economic Uncertainty (August 2024)

The Canadian housing market continues to navigate a complex landscape marked by fluctuating interest rates, economic uncertainty, and shifting buyer sentiment. Recent data from the

Bond Yields Plummet, Fueling Fierce Mortgage Rate Competition

The Battle for Borrowers: The Value of Mortgage Brokers in a Volatile Market A full-blown rate war has erupted among Canadian lenders in a development

Rate Cuts Enhance Home Affordability Across Canada in August

August brought welcome news for Canadian homebuyers as recent rate cuts have significantly improved home affordability. The Bank of Canada’s interest rate reductions is making

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

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

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.

Canadian Mortgage Pre-Approval: Ultimate Smart Moves to Get Approved

The Canadian dream of homeownership: a cozy condo overlooking Vancouver's skyline, a charming bungalow nestled in Toronto's tree-lined streets, or a spacious family home where

The Complete Guide To Toronto Homeownership Cost Breakdown (2024)

Toronto's real estate market is notorious for its sky-high prices, making the dream of homeownership a daunting financial endeavour for many. While the allure of

Expert Insights on The Impact Of Canada's G7 Interest Rate Cut in 2024

In a significant move that reflects broader global economic trends, Canada's recent decision to cut interest rates has captured the attention of financial markets worldwide.

10-Year Terms Vs. Renewals: All Facts About The Hidden Cost On Canadian Debt Trap

The weight of debt is a heavy burden for countless Canadians, with mortgages, car loans, student debt, and escalating credit card balances dominating our financial