Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
Latest News
Nearly 60% of new CMHC-insured mortgage volume has longer amortizations Sep 3rd
Mortgages amortized over more than 25 years accounted for 58.6% of new insured homeowner volume in Q2, down slightly from Q1 but well above year-ago levels..... More »
Home sales drop with ‘fresh round of economic headwinds’ ahead: CREA + MORE Sep 15th
The Canadian Real Estate Association (CREA) says home sales in August were down compared with a year ago as a fresh round of economic challenges threatens to dampen housing market momentum for the remainder of the year.
The organization said home sales last month totalled 37,504, down 6.9% from A.... More »
Shift to variable, shorter-term mortgages raises borrowers’ rate exposure: CMHC + MORE Sep 9th
More than 85% of new uninsured mortgages carried either a variable rate or a fixed term of less than five years in the first quarter, increasing borrowers’ exposure to future rate changes..... More »
Real Estate, Interest Rates, and Market Reality: Why It’s Time to Take a Deep Breath + MORE Aug 7th
Lately, whenever I talk to clients, friends, or family across Ontario, I hear the same thing: people are anxious. They’re worried about where interest rates are going, what their homes are worth, and how they’re going to handle their upcoming mortgage renewals.
There is a lot of noise out.... More »
When financial expertise becomes a blind spot + MORE Aug 22nd
For anyone who follows my writing, you probably know that I spend very little time explaining how financial systems work. I am far more interested in the human and psychological side of money—the part that gets messy when real people must make decisions that don’t always fit the framework.
Th.... More »
Haventree Bank launches direct-to-consumer digital bank
– canadianmortgagetrends.com
The Schedule 1 bank is rolling out a new consumer deposit platform, marking a major move beyond broker-distributed mortgages and brokered deposits after more than three decades in the alternative lending space.Ask the mortgage expert: Is now a good time to buy a cottage in Canada? (2026)
– canadamortgagenews.ca
Following the herd rarely gets you the best deal is one thing I have learned through almost four decades in the mortgage and real estate industry. When everyone is rushing into the market, bidding blind, and waiving conditions, you end up paying a massive premium. But when everyone is sitting on the sidelines—waiting for the “perfect” moment or letting economic headlines dictate life’s choices—that is precisely when smart money makes its move.
Right now, in the summer of 2026, Canada’s cottage country landscape offers a unique real estate opportunity not seen in recent memory. In a nutshell: I think this is a buyer’s market. Continue Reading…
I hope you will enjoy this article and if you have any questions or would like to discuss I am always available.
Your best interest is my only interest. I reply to all questions and I welcome your comments. Like this article? Share with a friend.
Steve Garganis: 416-224-0114; steve@canadamortgagenews.
