Big Six Banks Split on Bank of Canada Rate Outlook Through 2027
Canada’s Big Six banks are divided on the Bank of Canada rate outlook through 2027, creating uncertainty for homeowners choosing between fixed and variable mortgage rates at renewal time.
Ontario Insolvencies Rise 14% Year Over Year
Ontario insolvencies rose 14% year over year in June, with consumer proposals representing most filings. Homeowners facing mortgage and debt pressure should review available financial options early, before missing payments.
GTA Housing Market Tightens as Listings Fall in July 2026
TRREB says sales now account for a larger share of listings, which could reduce buyers’ negotiating power. If this trend continues and economic confidence improves, home prices could begin stabilizing during the second half of 2026.
Variable Mortgage Rates Are Lower—but Is a Rate Hike Coming?
Variable mortgage rates remain below fixed rates, but markets see growing rate-hike risk. Learn why borrowers still favour variable mortgages and what to consider before choosing your next mortgage term.
GTA Housing Market Tightens: June Sales Up 9.4%
With average prices settling at $1,058,658 and dropping inventory, stabilizing benchmark trends and steady buyer demand indicate that the GTA housing market is finding a floor for the second half of the year.
Bank of Canada Divided on Rate and Economic Outlook
Bank of Canada holds its policy rate at 2.25%, while Governing Council members differ on the economic recovery, inflation risks and what may come next for mortgage borrowers in Canada.
CMHC Summer 2026 Outlook: Ontario & GTA Housing Market
CMHC expects Ontario’s housing market to remain weak through 2026, with fewer sales, lower prices and reduced housing starts. A gradual recovery could begin in 2027, creating better opportunities for GTA buyers.
Mortgage Broker Use Reaches Five-Year High
Mortgage broker use reached a five-year high in 2025. The survey found that 38% of recent Canadian homebuyers used a broker, rising to 48% among first-time buyers. Competitive rates, multiple quotes and professional guidance were the leading reasons.
CHIP Reverse Mortgage: Enjoy More Financial Freedom in Retirement
Watch this short HomeEquity Bank video about how a CHIP Reverse Mortgage may help Canadian homeowners aged 55+ access home equity. Call Maurice to discuss whether it may suit your retirement plans.
Ontario Mortgage Rates Update: July 22, 2026
Ontario Mortgage Rates Update (July 22, 2026): Compare current variable, fixed, B lender, second and private mortgage rates for owner-occupied properties.