The GTA condo market just hit a 34-year low in sales volume. While many might see that as a reason to wait, the underlying data suggests that waiting too long might actually be the more expensive move. Here is your Mortgage Minute for a very cold January 23rd, 2026....
If your mortgage renews this year, brace yourself: your payment is about to jump by roughly $550 per month. And for the first time in modern history, that renewal is happening against the backdrop of something unprecedented: Ontario’s population is actually...
Your Mortgage Minute for January 9, 2026 We’re now in the most buyer-friendly Toronto market in a generation. Only half of homes listed last year actually sold. The condo sector is in outright collapse. And if you’re planning to buy or refinance this year,...
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...
