Pegasus Blog

Mortgage Portability in Canada: Move and Keep Your Rate

This article is for informational purposes only and does not constitute financial advice. Speak with a licensed mortgage professional before making any mortgage decisions. Quick Answer Yes, most Canadian mortgages are portable, meaning you can transfer your existing rate, balance,

Missed Payments & Mortgage Approval in Canada (2026)

Toronto's $2.7B Rental Housing Deal: ACLP Explained

How Credit Card Debt Affects Mortgage Approval in Canada

Student Housing Financing in Canada: A Practical Guide

Ontario's Revised Housing Projections: Challenges, Criticisms, and Policy Insights

The Ontario government recently announced a significant revision in its housing construction projections, a move that has raised concerns about the feasibility of its ambitious

Federal Funding for Secondary Suites: A Breakdown for Canadian Homeowner

Canada's housing crisis is a hot topic, and the federal government has stepped in with two new programs to help increase affordable housing options: the

Bank Of Canada Interest Rate Cuts: Should You Break Your Mortgage Now?

The Bank of Canada's recent interest rate cuts have provided a much-needed reprieve for homeowners facing the pressures of high mortgage payments. This shift in

The Great Divide: Unpacking Canada's Growing Wealth Gap Between Homeowners and Renters

Canada, often lauded for its social safety nets and egalitarian ideals, faces a stark reality: a widening chasm in wealth between homeowners and renters. This

The Bank of Canada Cuts Interest Rate by 50 Basis Points to 3.75%: Implications and Economic Outlook

The Bank of Canada recently made a significant move by cutting its policy interest rate by 50 basis points, lowering it to 3.75%. This decision

The Bank of Mom and Dad - Navigating the Tricky Terrain of Parental Financial Support

The Bank of Mom and Dad has become a critical lifeline for many young adults, especially in the face of rising living costs and an

Canadian Mortgage Rates Plummet: Is Now The Time To Buy A House?

The Bank of Canada (BoC) is widely expected to announce a significant interest rate cut this Wednesday (October 23, 2024), as inflation continues its downward

Canada Inflation Rate Cools down to 1.6% : What it Means for You

In a welcome development for Canadians, the inflation rate fell to 1.6% in September, according to Statistics Canada. This marks the lowest rate since February

Rate Cut Showdown: 25 or 50 bps? The Bank Of Canada's Balancing Act

The Bank of Canada (BoC) finds itself in a precarious position. With its next interest rate announcement on the horizon, economists are engaged in a

Mortgage Shakeup: Ottawa's Bold Moves to Ease Homeownership

In the face of skyrocketing housing costs, many Canadians are struggling to achieve their dream of homeownership. Recognizing this challenge, the federal government has unveiled

BC Housing Affordability Crisis: Government Policies Impacting Housing Supply and Affordability

As British Columbia approaches its provincial election in October 2024, housing affordability remains the focal point of political discourse. Over the last decade, housing affordability

Calgary Housing Market Cools Down In September 2024

Calgary housing market is experiencing a shift. After a scorching hot spring, the summer of 2024 ushered in a moderation period, with September solidifying this