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 Rate Renewal Shock, Toronto Prices at 2020 Levels, and the Penalty Trap
Fixed-rate borrowers renewing now face an average increase of $622 a month. Toronto home prices are back to 2020 levels. And breaking your mortgage early could cost more than you think. Here’s what it means for your situation.
Bond Yields Pulled Back This Week – But Lenders Raised Rates Anyway
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 it means for your mortgage.
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.
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