Ontario, B.C. Homebuyers Team Up for Mortgage Success: Equifax

Canada’s mortgage market remains solid, with $1.97 trillion in overall balances. But it’s important to note that Ontario and B.C. are seeing a noticeable uptick in severe mortgage delinquencies. I’m seeing more first-time homebuyers turn to joint mortgages as a solution, which can help with affordability but also comes with its own considerations. For those facing upcoming renewals—especially in these provinces—there are unique risks that require tailored strategies from lenders. With over 15 years of experience guiding clients through purchases, renewals, and refinancing, my focus is always on helping you make informed, confident decisions to protect your financial future.