Gen Z Homebuyers in 2025: Priorities, Challenges, and Opportunities

Gen Z, those born between the late 1990s and early 2010s, are officially stepping into the housing market. Unlike millennials, who faced the early shocks of skyrocketing home prices, Gen Z has grown up in a world where affordability struggles, rising rents, and changing work lifestyles are the norm. In 2025, this new wave of […]

How to Take Advantage of Lower Mortgage Rates in Canada

After years of rising borrowing costs, Canadians are finally asking the big question: Are lower interest rates here to stay? With the Bank of Canada signaling a softer stance and bond yields trending downward, the mortgage market is shifting. But what does this mean if you’re a homeowner, first-time buyer, or investor? Let’s break it […]

Creative Ways Canadians Are Making Homes Affordable Again

Buying a home in Canada has never been more challenging. Between rising home prices, higher mortgage rates, and strict lending rules, many Canadians are wondering if homeownership is slipping out of reach. But here’s the good news — Canadians are finding creative ways to make homeownership affordable again. From alternative lending options to family support […]

Why Your Neighbor Got a Better Mortgage Rate

Have you ever wondered why your neighbor brags about paying less for their mortgage, even though you bought around the same time, in the same neighborhood, and maybe even borrowed the same amount? The truth is, mortgage costs aren’t just about luck. It often comes down to how you negotiate, who you work with, and […]

Will Housing Ever Be Affordable Again?

If you feel like buying a home in Canada is harder than ever, you’re not imagining it. Housing affordability has been on a steep decline over the past decade, and despite recent interest rate cuts, many Canadians still struggle to break into the market. According to the Canadian Real Estate Association (CREA), the average home […]

How To Get A Mortgage With High Interest Rates

2025 has brought Canadian homeowners and buyers into one of the most challenging interest rate environments in recent years. The Bank of Canada’s cautious stance on rate cuts, combined with economic uncertainties, means borrowing costs remain high. But here’s the good news: with the right strategies, you can still make smart moves, whether you’re buying […]

How to Use Your Home Equity to Fund Your Kid’s Education

Raising a family in Canada has never been more expensive. With tuition fees climbing, housing prices soaring, and the cost of living stretching every dollar, more parents are turning to their most valuable asset: home equity. Whether it’s helping your child buy their first home, funding their university education, or giving them a head start […]

Is 2025 the Year of the Variable-Rate Mortgage in Canada?

By mid‑2025, the Bank of Canada’s overnight policy rate will have fallen to 2.75%, resulting in a prime rate around 4.95%, with projections to decline further by year-end. At the same time, long-term 5‑year Government of Canada bond yields remain volatile, pushing fixed mortgage rates sky‑high, often near or above 6%. Mortgage Renewals Driving the […]

What Rising Home Sales Mean for New Buyers in Toronto

June 2025 brought a modest recovery in the GTA housing market, with both sales and new listings showing slight improvements compared to May. While activity remains subdued compared to last year, the shift could signal renewed buyer interest, especially as Canadians anticipate further interest rate cuts. But what does this mean for homebuyers, sellers, and […]

Rejected for a Mortgage? Here’s How a Broker Can Still Get You Approved

Self-employed? New to Canada? A mortgage broker like Cannect could be your best path to homeownership. The Reality: Banks Say “No” Too Often Getting a mortgage in Canada isn’t what it used to be. Between strict income verification rules, higher interest rates, and tighter underwriting guidelines, traditional banks are turning away more applicants than ever, […]