Mortgage Hub
Welcome to the Humber Bay Mortgage Hub, designed to help guide anyone navigating the home financing process.
Whether you’re a first-time buyer taking your first steps into home-ownership or a seasoned investor exploring new opportunities, you’ll find expert advice, practical tips, and valuable insights to support your journey. Our goal is to make the mortgage process clearer and easier to understand, so you can make informed decisions and feel confident as you move forward.
Fixed Rates Rising, Ontario HST Rebate, Renewal Stress Warning | Mortgage Minute – March 27, 2026
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 top banking regulator issued a pointed warning about renewal stress for a specific group of borrowers.
The Canadian Mortgage Market Didn’t Start With Your Bank
Most people assume their bank is the natural first call for a mortgage. But chartered banks weren’t even allowed to lend on residential mortgages until 1954 – and when they were finally permitted, they largely chose not to bother for over a decade. Here’s the 70-year history of how Canada’s mortgage market actually evolved.
Toronto Prices Down 24%, Renewal Anxiety at an All-Time High, and a $50,000 Rebate Most First-Time Buyers Don’t Know About
Three things happened this week that matter for your mortgage. Toronto home prices are now down 24% from their 2022 peak. A new RBC survey found 58% of homeowners facing renewal in the next two years are worried about making the wrong decision. And the federal GST rebate for first-time buyers on new builds is now live – up to $50,000 back on qualifying properties.
Fixed Rates Are Rising. Canada Just Lost 83,900 Jobs. And the Bank of Canada Can’t Do Much About Either.
Three things happening right now that directly affect GTA mortgage holders: the condo market correction, rising bond yields, and what the 2024 federal mortgage rule changes are actually producing.
Toronto Condos, Rising Bond Yields, and the Mortgage Rule Changes That Are Actually Working
Three things happening right now that directly affect GTA mortgage holders: the condo market correction, rising bond yields, and what the 2024 federal mortgage rule changes are actually producing.
Renewing Your 2021 Mortgage in Toronto? Here Is What You Need to Know
If you locked in a historically low mortgage rate in 2021, the ‘renewal shock’ of 2026 is no longer a distant theory – it is a mathematical reality. With monthly payments projected to jump by $600 or more on a typical GTA mortgage, simply signing your lender’s renewal form can be an expensive mistake.
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