mortgage term

60% of Canadian mortgage renewals to face higher rates by 2026: BoC

January 13, 2025 No Comments

Despite interest rates having fallen materially in 2024, recent data show that many Canadian homeowners could still face payment shocks when their mortgages renew.

Pros and cons of a 10-year fixed mortgage: Is stability worth the cost?

November 10, 2024 1 Comment

The 10-year mortgage has long been a niche product in the Canadian mortgage market.

Are longer mortgage terms the solution to Canada’s payment shock challenges?

June 23, 2024 No Comments

Payment shocks at renewal due to shorter mortgage terms have become a growing concern. This has led some to question whether adopting longer mortgage terms would provide greater financial stability.

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mortgage term

60% of Canadian mortgage renewals to face higher rates by 2026: BoC

Pros and cons of a 10-year fixed mortgage: Is stability worth the cost?

Are longer mortgage terms the solution to Canada’s payment shock challenges?

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