Mortgage Blog

Can You Qualify for a Mortgage After Changing Jobs or Losing Income in Canada?

Changing jobs, losing employment, or experiencing a reduction in income can raise an important question: can you still qualify for a mortgage in Canada? The answer i ...

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• Nov 9, 2026

Bank of Canada raises the policy rate by 25 basis points to 2.25%

The Bank of Canada today increased its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2. ...

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• Oct 28, 2026

Fixed vs. Variable Mortgage Rates in Canada: 2026 Guide

If your mortgage is coming up for renewal in 2026, one of the biggest decisions is whether to choose a fixed or variable interest rate. A fixed rate offers predictable ...

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• Oct 23, 2026

Mortgage Renewal 2026: Lock In Now or Wait?

If your mortgage is coming up for renewal this fall, you may be asking a familiar question: should you accept a rate now, or wait to see what the Bank of Canada does next ...

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• Oct 19, 2026

Mortgage Renewal 2026: What a Rate Hold Means for You

Renewing Your Mortgage This Fall? What a Bank of Canada Rate Hold Means for You Your mortgage renewal arrives, and the payment is higher than you expected. Yet the ...

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• Oct 7, 2026

Has Your Income Changed? What to Check Before Refinancing Your Mortgage

Your hours have been reduced. You have started a new job. Or your household is managing on one income while you work out what comes next. If you own a home, refinancing m ...

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• Sep 14, 2026

Sept 2-2026 - Bank of Canada maintains the policy rate at 2.25%

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 continuing conflict ...

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• Sep 2, 2026

Canada Housing Starts Slow: What Buyers Should Know

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 Ca ...

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• Aug 21, 2026
• CENTUM® Canada

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

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 essenti ...

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• Aug 5, 2026

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

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 sl ...

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• Jul 24, 2026

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

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 sho ...

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• Jul 15, 2026

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

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- ...

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• Jul 7, 2026

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

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 ...

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• Jun 22, 2026
• CENTUM® Canada

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

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 Mid ...

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• Jun 10, 2026

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

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 li ...

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• Jun 4, 2026

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

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 ...

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• May 28, 2026
• CENTUM® Canada

Mortgage Renewal in 2026: Fixed or Variable?

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 fa ...

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• May 11, 2026
• CENTUM® Canada

April 29 - 2026 - Bank of Canada maintains policy rate at 2.25%

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 evolving conflict in the Middle ...

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• Apr 29, 2026

5 Most Important Issues That Can Delay a Mortgage Closing in Canada

Many Canadian homebuyers feel a sense of relief once they hear the words, "you are approved." That relief makes sense, but it can also create a false impression that th ...

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• Apr 15, 2026

Why Buying Still Feels Hard in 2026, Even as More Homes Are Being Built

If you have been watching the headlines in 2026, you may be wondering why buying a home in Canada still feels so difficult. On the surface, some of the data sounds encour ...

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• Apr 7, 2026