Canadian Mortgage News

First Bank of Canada rate hike in 3 years October 29, 2026
The headlines are to get your attention. It’s incredible how many calls and emails our office received after the Bank of Canada governor, Tiff Macklem, raised the Bank Rate by … Continue Reading First Bank of Canada rate hike in 3 years
Steve Garganis
Ask the mortgage expert: What a U.S. Fed rate hike could imply for Canadian mortgage rates October 5, 2026
When the U.S. Federal Reserve (Fed) raised rates on September 16, 2026, media headlines went into overdrive speculating whether the Bank of Canada (BoC) would follow suit. If you want … Continue Reading Ask the mortgage expert: What a U.S. Fed rate hike could imply for Canadian mortgage rates
Steve Garganis
Real Estate, Interest Rates, and Market Reality: Why It’s Time to Take a Deep Breath August 6, 2026
Lately, whenever I talk to clients, friends, or family across Ontario, I hear the same thing: people are anxious. They’re worried about where interest rates are going, what their homes … Continue Reading Real Estate, Interest Rates, and Market Reality: Why It’s Time to Take a Deep Breath
Steve Garganis
Ask the mortgage expert: Is now a good time to buy a cottage in Canada? (2026) July 7, 2026
Following the herd rarely gets you the best deal is one thing I have learned through almost four decades in the mortgage and real estate industry. When everyone is rushing … Continue Reading Ask the mortgage expert: Is now a good time to buy a cottage in Canada? (2026)
Steve Garganis
Mortgage Expert alert: Why Canadian housing seems unaffordable in 2026: A 35-year real estate disconnect June 4, 2026
The dream of home ownership in Canada appears distant in today’s mathematical reality. Housing costs account for nearly 30% of household income. Older generations survived 12–18% interest rates in the … Continue Reading Mortgage Expert alert: Why Canadian housing seems unaffordable in 2026: A 35-year real estate disconnect
Steve Garganis
The Wake-Up Call: What a Carney Majority Actually Means for You April 22, 2026
(The Tax Squeeze, The Delusion, and The Multi-Trillion Dollar Gamble) Most Canadians were simply too busy trying to keep their heads above water to notice what was happening right under … Continue Reading The Wake-Up Call: What a Carney Majority Actually Means for You
Steve Garganis
Part 2: Beating the Math: How Buyers Can Win in a Broken Mortgage Market April 21, 2026
(click here to read Part 1: Breathing the Math: Why Politicians are failing Canadians and what you can do.) If you are a first-time buyer trying to get into today’s … Continue Reading Part 2: Beating the Math: How Buyers Can Win in a Broken Mortgage Market
Steve Garganis