While the pace of policy changes slowed in 2025 compared to 2024, there were still a few meaningful updates. Notably, new GST exemptions were introduced for First Time Home Buyers purchasing newly built homes up to $1M, with partial GST relief extending to $1.5M. We also saw continued real-world use of 30-year amortizations for insured First Time Home Buyers. As always, changes move quickly, and we’ll continue to share updates as they come.

To help make mortgage decisions clearer and less overwhelming, we’ve continued using our Canadian Mortgage App with clients. Whether you’re buying, refinancing, or simply exploring numbers, the app allows us to walk through different scenarios together in a clear, easy-to-understand way. Instead of long, data-heavy emails, interest rate comparisons, down payment options, and estimated closing costs are now presented in one simple, easy-to-read summary. This helps you understand your options faster and feel more confident in the decisions you’re making.

As we head into 2026, interest rates appear to be stabilizing and the housing market is showing signs of balance. Many homeowners who secured historically low interest rates in 2021 will be approaching renewal, which may bring changes to payments and overall strategy. This makes early planning especially important. Whether you’re renewing, considering a move, or exploring refinancing options, having conversations ahead of time can help avoid surprises and create better outcomes. Our focus in the year ahead will remain on proactive guidance and clear communication to help you plan with confidence.