General Knowledge 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…Pegasus LendingApril 9, 2024
General Knowledge Rising Tide: The Surge in Mortgage Payment Defaults! While recent data recognizes Canadian mortgage holders' perseverance in the face of increased borrowing prices,…Pegasus LendingApril 3, 2024
General Knowledge Sales-to-New Listings Ratio (SNLR): The Buyer vs. Seller Market Dynamic When selling a home, every individual wants the highest price. In contrast, homebuyers aim for…Pegasus LendingFebruary 13, 2024
General Knowledge Is Now The Time To Buy In Canada? Navigating The 2024 Housing Market Maze Nationwide, home sales experienced a significant increase of 8.7% in December compared to November. Similarly,…Pegasus LendingFebruary 9, 2024
Mortgage General The Mortgage Stress Test: Evaluating Borrower Resilience In the dynamic realm of real estate and mortgage lending, one crucial element has taken…Pegasus LendingJuly 20, 2023