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

Vancouver Housing Market Cools Down in September 2024

The Vancouver housing market, once a symbol of relentless growth and soaring prices, is showing signs of a significant slowdown. According to the latest data,

Is a Rate Cut on the Horizon? What the Latest Economic Indicators Mean for Canadian Homeowners

The Canadian economy is sending mixed signals, leaving experts debating the Bank of Canada's next move. While inflation has returned to the 2% target and

CMHC Report Highlights Canada's Growing Housing Affordability Gap

Canada's housing market is a story of two realities. While a modest 4% increase in new housing starts in the first half of 2024 offers

5-Year Terms vs. 30-Year Terms: Are Longer Terms the Answer to Payment Shocks for Canadian Homebuyers?

The Canadian housing market is navigating a turbulent period, marked by rising interest rates and a looming wave of mortgage renewals. At the heart of

How to Benefit from Canada’s New Mortgage Rules

Canada's dream of homeownership is getting a revitalizing boost, particularly for first-time buyers and those eyeing new builds. With the federal government announcing sweeping mortgage

Uninsured Mortgage Stress Test Axed: Homeowners To Benefit From OSFI's Latest Policy Change

Are you a Canadian homeowner feeling trapped by your current mortgage? Are you eager to explore better rates but dreading the stress test? The tides

Navigating the Canadian Housing Market: 7 Essential Steps to Homeownership

Homeownership in Canada remains a coveted aspiration, symbolizing stability, financial security, and the pride of building equity. Nevertheless, the path to owning a home can

Canadian Housing Market in a Holding Pattern Amidst Economic Uncertainty (August 2024)

The Canadian housing market continues to navigate a complex landscape marked by fluctuating interest rates, economic uncertainty, and shifting buyer sentiment. Recent data from the

Bond Yields Plummet, Fueling Fierce Mortgage Rate Competition

The Battle for Borrowers: The Value of Mortgage Brokers in a Volatile Market A full-blown rate war has erupted among Canadian lenders in a development

Personal Loan vs. Line of Credit: The Ultimate Guide to Choosing the Right Financing Option

When you're in need of extra funds, both personal loan and line of credit can seem like viable solutions. However, these financial tools have distinct

Navigating The Bank Of Canada's Latest Move: A Deep Dive into Future Outlook

Key Takeaways: The Bank of Canada cut its benchmark interest rate by 25 basis points to 4.25% on September 4, 2024, the third consecutive cut

Unlock Your Dream Home: Scotiabank Mortgages Make it Easier

Exciting news for aspiring homeowners in Canada! Scotiabank's recent positive shift in its mortgage business means securing your dream home is becoming more achievable. Scotiabank,