Navigating mortgages and home financing can feel overwhelming.
Here, you’ll find clear, regular updates on the Canadian mortgage market, housing trends, and lender news — along with practical tips to help you plan, refinance, or make smarter home-financing decisions.
No jargon, no fluff — just insights you can use to feel confident about your next move.
📬 Canadian Mortgage Market Update — January 2026
Welcome to The Price of Borrowing!
The Canadian mortgage market continues to evolve. Staying informed can make a real difference whether you’re buying, renewing, or refinancing. Here’s a snapshot of January’s key trends, insights, and practical considerations.
📊 Interest Rates & Market Outlook
Policy Rate: 2.25% held steady in January
Inflation: Core inflation easing toward 2% target
Next Update: Bank of Canada announcement on January 28
What it means for you:
The current rate environment is stable, giving borrowers time to plan. Stay tuned for updates after the Bank of Canada’s announcement.
🏠 Mortgage Trends
January Highlight — Debt Consolidation
Many Canadians are starting the year by consolidating holiday debt. Options include:
Paying down credit cards or personal loans
Refinancing a mortgage to access equity
2026 Major Story — Mortgage Renewals
Homeowners who locked in historically low rates may face higher monthly payments as renewals come due.
Key Tip:
Don’t just sign your renewal offer — doing so could cost hundreds or thousands over time.
A mortgage broker can help you:
Explore refinancing options
Adjust amortization to increase monthly cash flow
Evaluate multiple lenders to identify a mortgage product that best meets your needs and may help save you money
💡 Housing Market & Industry Sentiment
Regional Variation: Some markets steady, major urban centers face affordability pressures
Industry Confidence: Brokers report strong origination volumes and tech investments
🔍 Practical Tips for Homeowners & Buyers
Review Renewals: Know your current rate, payment, and options
Consult a Broker: Guidance helps whether you’re renewing, purchasing, or refinancing
Plan Debt Consolidation Carefully: Avoid unnecessary costs
Explore Refinancing: Financial changes may make this worthwhile
Plan for Affordability: Include taxes, insurance, and potential payment increases
📌 Bottom Line
January 2026 reinforced the importance of proactive mortgage planning. Debt consolidation after holiday spending was a key focus, and mortgage renewals will be the major story for 2026. Staying informed, planning ahead, and consulting a broker will help you make confident, strategic decisions — and we’ll provide updates as new information becomes available, including the Bank of Canada’s January 28 announcement.