Sherwood Mortgage Group | Trusted Since 1995 | Personalized Online Mortgage Services Across Ontario
📅 October 16, 2026
Canada’s retail sales rebounded 1.2% in August 2026, with Toronto surging 4%. Stronger consumer spending signals economic resilience but raises questions about inflation and the Bank of Canada’s next interest rate decision.
📅 October 16, 2026
Canada lost 110,000 jobs in August and September 2026, signalling a weakening labour market. Discover how rising employment uncertainty could affect Ontario mortgage approvals, refinancing and upcoming mortgage renewals.
📅 October 13, 2026
Deloitte cuts Canada’s 2027 GDP growth forecast to 1.6% amid trade uncertainty and weak investment. Discover how slower economic growth could affect mortgage rates, housing demand and Canadian homeowners.
📅 October 9, 2026
Canada announces heat pump rebates of up to $10,000. Discover how heat pumps provide winter heating and summer cooling while reducing energy costs and improving year-round comfort in Ontario homes.
📅 October 6, 2026
Toronto home prices declined again in September, with the benchmark price falling to $924,600. Home sales also declined for a second month, falling 5.2% from August. What’s behind the slowdown? Read more.
📅 September 21, 2026
Canada’s inflation is running around 3% and could edge higher soon. Bank of Canada Governor Tiff Macklem warns policymakers may need to act quickly if inflation persists. Why could waiting too long mean sharper rate hikes?
📅 September 14, 2026
Bond yields have surged, pushing fixed mortgage rates higher as lenders reduce discounts. Why are bond yields rising, and what could this shift mean for homebuyers and borrowers renewing their mortgages in coming months?
📅 September 2, 2026
The Bank of Canada holds its policy rate at 2.25%. Inflation, tariffs, and the economic outlook could still affect mortgage borrowers before the next decision.
📅 August 21, 2026
Toronto buyers are gaining negotiating power, with nearly 8 in 10 homes selling below asking in July. More choice and less bidding pressure are creating a more balanced market.
📅 August 18, 2026
The latest CREA data confirms that Canada’s housing market has returned to a healthy balanced market. With stable prices and steady inventory, you can plan your next move with total confidence.
📅 August 14, 2026
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.
📅 August 11, 2026
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.
📅 August 7, 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.
📅 August 4, 2026
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.
📅 July 31, 2026
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.
📅 July 30, 2026
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.
📅 July 30, 2026
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.
📅 July 29, 2026
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.
📅 July 28, 2026
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.