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Fixed Rate Renewal Shock, Toronto Prices at 2020 Levels, and the Penalty Trap

Fixed Rate Renewal Shock, Toronto Prices at 2020 Levels, and the Penalty Trap

by Simon Browning | Apr 11, 2026 | Mortgage Minute

A lot happened in the mortgage world this week. Here are three stories worth paying attention to – and what they actually mean for your situation. The Renewal Payment Shock Is Real – But It Depends on Your Mortgage Type New data released this week puts a...
Fixed Rate Renewal Shock, Toronto Prices at 2020 Levels, and the Penalty Trap

Bond Yields Pulled Back This Week – But Lenders Raised Rates Anyway

by Simon Browning | Apr 4, 2026 | Mortgage Minute

Bond yields pulled back this week after climbing sharply through March. Ontario’s HST rebate on new construction is now live as of April 1. And Toronto’s housing affordability, after two years of steady improvement, is starting to stall. Here’s what...
Fixed Rate Renewal Shock, Toronto Prices at 2020 Levels, and the Penalty Trap

Fixed Rates Rising, Ontario HST Rebate, Renewal Stress Warning | Mortgage Minute – March 27, 2026

by Simon Browning | Mar 28, 2026 | Mortgage Minute

Three things happened this week that matter for your mortgage. Fixed rates moved up across the board as bond yields climbed to their highest point in roughly a year. Ontario announced a major HST rebate on new construction that starts in five days. And Canada’s...
Fixed Rate Renewal Shock, Toronto Prices at 2020 Levels, and the Penalty Trap

Toronto Prices Down 24%, Renewal Anxiety at an All-Time High, and a $50,000 Rebate Most First-Time Buyers Don’t Know About

by Simon Browning | Mar 21, 2026 | Mortgage Minute

Three things happened this week that matter for your mortgage. The Toronto housing correction reached a level that directly affects refinancing and equity decisions. A new survey revealed how anxious Canadian homeowners are about getting their renewal right. And a...
Fixed Rate Renewal Shock, Toronto Prices at 2020 Levels, and the Penalty Trap

Fixed Rates Are Rising. Canada Just Lost 83,900 Jobs. And the Bank of Canada Can’t Do Much About Either.

by Simon Browning | Mar 13, 2026 | Mortgage Minute

Three things happened this week that matter for your mortgage. Fixed rates moved up twice. The February jobs report came in as the worst in four years. And Tuesday’s Bank of Canada meeting is almost certainly going to produce no change at all. Here’s what...
Fixed Rate Renewal Shock, Toronto Prices at 2020 Levels, and the Penalty Trap

Toronto Condos, Rising Bond Yields, and the Mortgage Rule Changes That Are Actually Working

by Simon Browning | Mar 7, 2026 | Mortgage Minute

Three things happened this week that directly affect Toronto mortgage holders. Here is what the data says and what it means for your situation. Toronto’s Condo Market Has Hit Another Low The GTA condo market extended its correction into 2026. Average prices are...
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Recent Posts

  • Fixed Rate Renewal Shock, Toronto Prices at 2020 Levels, and the Penalty Trap
  • Humber Bay & South Etobicoke: Your Gateway to Lakeside Living. Open Houses for April 4 & 5
  • Bond Yields Pulled Back This Week – But Lenders Raised Rates Anyway
  • Humber Bay & South Etobicoke: Your Gateway to Lakeside Living. Open Houses for March 28 & 29
  • Fixed Rates Rising, Ontario HST Rebate, Renewal Stress Warning | Mortgage Minute – March 27, 2026
  • The Canadian Mortgage Market Didn’t Start With Your Bank
Simon Browning. Mortgage agent in Humber Bay, Toronto, Etobicoke, Mimico

Mortgage Agent Level 2

Serving Clients across Ontario

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