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

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

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

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

GDP Shrinks, Rates Hold, and Ontario Borrowers Are Getting Smarter at Renewal

by Simon Browning | Feb 27, 2026 | Mortgage Minute

Three things happened this week that directly affect Toronto mortgage holders. Here’s what the data says and what it means for your situation. Canada’s Economy Contracted in Q4 – But Rate Cuts Aren’t the Answer Canada’s real GDP shrank by...
Toronto Prices Down 24%, Renewal Anxiety at an All-Time High, and a $50,000 Rebate Most First-Time Buyers Don’t Know About

The Stress Test Isn’t Going Away. Here’s What To Do About It.

by Simon Browning | Feb 20, 2026 | Mortgage Minute

Inflation is cooling. The stress test is staying. And Toronto’s housing market just hit a split we haven’t seen in years. Here are three developments affecting homeowners and buyers in the Greater Toronto Area this week. Inflation Is Cooling, But...
Toronto Prices Down 24%, Renewal Anxiety at an All-Time High, and a $50,000 Rebate Most First-Time Buyers Don’t Know About

Renewal Relief, Auto Debt Reality, and the Toronto Condo Reset: Mortgage Minute February 13, 2026

by Simon Browning | Feb 13, 2026 | Mortgage Minute

The mortgage renewal crisis everyone predicted? It’s not happening. But something else is quietly limiting qualification capacity for Toronto buyers. Here’s your Mortgage Minute for February 13th, 2026. Three developments affecting homeowners and buyers in...
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Recent Posts

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  • Canada’s Jobs Report Just Changed the Rate Conversation – Mortgage Minute May 8, 2026
  • Bank of Canada Holds, Bond Market Reacts, and Ontario’s Housing Supply Worsens – Mortgage Minute May 1, 2026
  • Humber Bay & South Etobicoke: Your Gateway to Lakeside Living. Open Houses for May 2 & 3
  • Humber Bay & South Etobicoke: Your Gateway to Lakeside Living. Open Houses for April 25 & 26
  • Bank of Canada Announces Wednesday, Fixed Rate Volatility, and Toronto’s Condo Market – Mortgage Minute April 24, 2026
Simon Browning. Mortgage agent in Humber Bay, Toronto, Etobicoke, Mimico

Mortgage Agent Level 2

Serving Clients across Ontario

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