{"id":71,"date":"2026-10-09T13:00:00","date_gmt":"2026-10-09T13:00:00","guid":{"rendered":"https:\/\/www.realtyren.ca\/blog\/?p=71"},"modified":"2026-10-09T13:00:00","modified_gmt":"2026-10-09T13:00:00","slug":"home-affordability-finds-its-footing-but-rising-rates-could-change-that","status":"publish","type":"post","link":"https:\/\/www.realtyren.ca\/blog\/2026\/10\/09\/home-affordability-finds-its-footing-but-rising-rates-could-change-that\/","title":{"rendered":"Home affordability finds its footing, but rising rates could change that"},"content":{"rendered":"<div class=\"roomvu-news-container\">\n<p>August brought a notable shift in the housing market: the average five-year fixed mortgage rate in Canada edged up to 4.55%, yet this change has so far resulted in only minimal differences in monthly mortgage payments. What\u2019s truly shaping affordability right now is the decline in home prices, particularly in major cities like Toronto, Vancouver, and Montr\u00e9al. As a licensed residential and commercial real estate broker serving Laval and surrounding areas, I\u2019m closely following these trends to help clients understand how evolving rates and property values might impact their decisions in this dynamic market.<\/p>\n<p>\t<a class=\"roomvu-news-continue\" href=\"https:\/\/www.mpamag.com\/ca\/mortgage-industry\/market-updates\/home-affordability-finds-its-footing-but-rising-rates-could-change-that\/590137\"><\/p>\n<div>Continue to full article<\/div>\n<p>\t<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>August brought a notable shift in the housing market: the average five-year fixed mortgage rate in Canada edged up to 4.55%, yet this change has so far resulted in only minimal differences in monthly mortgage payments. What\u2019s truly shaping affordability right now is the decline in home prices, particularly in major cities like Toronto, Vancouver, [&hellip;]<\/p>\n","protected":false},"author":332,"featured_media":72,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-71","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.realtyren.ca\/blog\/wp-json\/wp\/v2\/posts\/71","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realtyren.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realtyren.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realtyren.ca\/blog\/wp-json\/wp\/v2\/users\/332"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realtyren.ca\/blog\/wp-json\/wp\/v2\/comments?post=71"}],"version-history":[{"count":1,"href":"https:\/\/www.realtyren.ca\/blog\/wp-json\/wp\/v2\/posts\/71\/revisions"}],"predecessor-version":[{"id":73,"href":"https:\/\/www.realtyren.ca\/blog\/wp-json\/wp\/v2\/posts\/71\/revisions\/73"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.realtyren.ca\/blog\/wp-json\/wp\/v2\/media\/72"}],"wp:attachment":[{"href":"https:\/\/www.realtyren.ca\/blog\/wp-json\/wp\/v2\/media?parent=71"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realtyren.ca\/blog\/wp-json\/wp\/v2\/categories?post=71"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realtyren.ca\/blog\/wp-json\/wp\/v2\/tags?post=71"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}