What changed?
The announcement, effective date and current status.
Canada & Ontario mortgage rule watch
Know what changed before it changes your mortgage decision.
Mortgage headlines rarely explain whether a change is already in force, who it applies to, or whether it is a lender policy rather than a universal rule. Rajiv reviews the practical difference before sharing an update.
Who is affected?
The borrower, property, mortgage route or transaction stage involved.
What can you do?
Practical questions and possible A, alternative/B, MIC or private routes where relevant.
Latest verified guidance
Start with what changed most recently
comingDec 31, 2026
What is Ontario’s rent-increase guideline for 2027?
Ontario’s 2027 rent-increase guideline is 1.9% for most rent-controlled units. A landlord cannot automatically apply it whenever desired; timing, notice and exemptions still matter.
Read the practical impact →comingDec 31, 2026
Is Ontario introducing a 10-day cooling-off period for new freehold homes?
Yes. Tarion reports that Ontario regulatory changes coming into force January 1, 2027 will support a 10-day cooling-off period and new information sheets for buyers…
Read the practical impact →In forceOct 31, 2026
Did OSFI create a universal 50% rental-income qualification rule?
No. OSFI’s rental-mortgage clarification concerns how federally regulated institutions classify exposures for capital purposes. OSFI has said it does not change how rental income is…
Read the practical impact →In forceSep 8, 2026
Can co-signing a mortgage reduce my ability to borrow for myself?
Yes. The co-signed mortgage can appear as your debt and may be included when another lender measures your obligations. Some lenders may consider documented offsets,…
Read the practical impact →In forceSep 8, 2026
Is switching mortgage lenders at renewal completely free?
Not always. A switch at maturity may avoid an early-payment penalty, but appraisal, legal, registration, assignment, discharge and setup costs can remain. Some lenders cover…
Read the practical impact →In forceSep 8, 2026
What counts as an uninsured straight switch without OSFI’s minimum qualifying rate?
OSFI says federally regulated lenders are not expected to apply the minimum qualifying rate when an uninsured mortgage switches at renewal with no increase to…
Read the practical impact →Complimentary mortgage rule alerts
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- Important confirmed changes and upcoming effective dates
- First-time-buyer and Ontario program updates
- Practical lender-policy implications clearly labelled
- No automatic mortgage approval or recommendation