Happy New Year! Welcome to the first Mortgage Minute of 2026. If you’re planning to buy a home in Toronto this year, three major developments from the last few weeks should be on your radar. Let’s break them down. 1. Return-to-Office is Reshaping the...
What Happened This Week The Economy Takes a Step Back, Then a Small Step Forward Statistics Canada reported that the economy contracted by 0.3% in October—the steepest monthly decline since February. Manufacturing led the slide, dropping 1.5%, with wood products...
As we close out 2025, the mortgage landscape is shifting in ways that will significantly impact homeowners heading into the new year. This week’s Mortgage Minute covers four critical developments: the looming renewal payment shock, a rare affordability win in...
Mortgage Minute: December 12, 2025 The narrative in the Canadian mortgage market has flipped fast. For months, the story has been about “how low will they go?” But this week, the data is asking a different question: “Are we done?” Here is your...
Mortgage Minute: December 5, 2025 Is the Toronto housing market broken, or is it just sleeping? And… did you notice that fixed mortgage rates just went up? We are closing out the year with a strange mix of signals. Prices are softening, buyers are nervous, and...
Mortgage Minute: November 28, 2025 This week’s economic data presents a confusing picture for many Canadians. On one hand, the headlines tell us the economy is rebounding. On the other, the data on household finances tells a story of increasing strain. Here is the...
