19 days ago
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Posted On: October 16th 2026, 07:01 pm
Imagine buying a home with a double-digit mortgage rate. That was the reality for many Canadians in the ’90s. 🏡
Home prices were lower, but borrowing came at a much higher cost. Today, higher property prices bring a different affordability challenge.
That’s why the interest rate only tells part of the story. The price of the home, your income, your down payment and your monthly payments all matter.
The real question is: what fits comfortably within your budget?
Home prices were lower, but borrowing came at a much higher cost. Today, higher property prices bring a different affordability challenge.
That’s why the interest rate only tells part of the story. The price of the home, your income, your down payment and your monthly payments all matter.
The real question is: what fits comfortably within your budget?
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