Mortgage Blog

Canada Housing Starts Slow: What Buyers Should Know

August 21, 2026 | Posted by: GMG Broker Inc.

Canada is still building a significant number of homes, but the latest housing construction numbers show that the pace of new projects is beginning to slow. For Canadians hoping to buy a home, ...

Canada Is Building More Homes, Why Is Buying Still Hard?

August 5, 2026 | Posted by: GMG Broker Inc.

You may have seen headlines suggesting that Canada is building more housing. That sounds like good news for homebuyers, and in many ways it is. More homes are essential to improving housing choice ...

Should Canadian Homebuyers Purchase Now or Wait for More Housing Supply?

July 24, 2026 | Posted by: GMG Broker Inc.

Canadian homebuyers are hearing two different messages. One suggests that more homes are being built and buyers should wait for additional supply. The other warns that slower construction could limit ...

July 15-2026 - Bank of Canada maintains the policy rate at 2.25%

July 15, 2026 | Posted by: GMG Broker Inc.

The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. Canada's economy is showing signs of improvement. Gro ...

2026 First-Time Buyer Mortgage Rules, What Lower Payments Could Really Mean

July 7, 2026 | Posted by: GMG Broker Inc.

Buying a first home in Canada is still a major financial decision. Higher home prices, mortgage qualification rules, down payment requirements, closing costs, and day-to-day affordability all matter. ...

Renewing Soon? Why Sticky Inflation Could Affect Your Mortgage Strategy This Summer

June 22, 2026 | Posted by: GMG Broker Inc.

If your mortgage is coming up for renewal this year, you may be watching interest rate news more closely than usual. That makes sense. A renewal is not just paperwork from your lender, it is a cha ...

June 10, 2026 - Bank of Canada maintains the policy rate at 2.25%

June 10, 2026 | Posted by: GMG Broker Inc.

The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. The conflict in the Middle East is now in its fourth ...

First-Time Buyer GST/HST Rebate, What It Means for New Home Affordability in Canada

June 4, 2026 | Posted by: GMG Broker Inc.

Buying a first home in Canada has not been easy. Between higher home prices, changing mortgage rates, stricter qualification standards, and the rising cost of everyday life, many first-time buyers hav ...

Buying a Home in 2026? Why More Housing Starts May Not Mean More Choices

May 28, 2026 | Posted by: GMG Broker Inc.

More homes being built in Canada should be encouraging news for homebuyers. More supply can support a healthier housing market over time and may gradually create more opportunities for Canadians w ...

Mortgage Renewal in 2026: Fixed or Variable?

May 11, 2026 | Posted by: GMG Broker Inc.

If your mortgage is coming up for renewal in 2026, you are probably asking one very practical question: should I choose a fixed rate or a variable rate? It is a fair question. After several yea ...

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