{"id":29,"date":"2026-10-03T11:00:00","date_gmt":"2026-10-03T11:00:00","guid":{"rendered":"https:\/\/www.olgashvetsov.ca\/blog\/?p=29"},"modified":"2026-10-03T11:00:00","modified_gmt":"2026-10-03T11:00:00","slug":"what-the-bocs-next-decision-means-for-the-mortgage-market","status":"publish","type":"post","link":"https:\/\/www.olgashvetsov.ca\/blog\/2026\/10\/03\/what-the-bocs-next-decision-means-for-the-mortgage-market\/","title":{"rendered":"What the BoC&#8217;s next decision means for the mortgage market"},"content":{"rendered":"<div class=\"roomvu-news-container\">\n<p>The Bank of Canada is expected to keep its overnight rate at 2.25%, which is big news in the mortgage world\u2014especially here in Ontario, where I work with clients facing all kinds of renewal challenges. For about one-third of mortgage holders, renewal payments could jump by 20%. That\u2019s not just a number; it\u2019s a real strain for families and individuals trying to keep things steady. I\u2019m also seeing mortgage delinquencies on the rise, particularly in Ontario, and hearing concerns about possible rate hikes further down the line, maybe even into 2026.<\/p>\n<p>With over two decades as an underwriter before becoming a mortgage agent, I\u2019ve seen how quickly these market moves can impact people\u2014especially if you\u2019re already feeling overlooked or stressed by your lender. If you\u2019re unsure how these changes could affect your own mortgage, know that you\u2019re not alone. This is exactly where a tailored, strategic approach makes all the difference, no matter your situation. Honest advice and the right support can help you navigate even the toughest renewal seasons.<\/p>\n<p>\t<a class=\"roomvu-news-continue\" href=\"https:\/\/www.mpamag.com\/ca\/news\/general\/what-the-bocs-next-decision-means-for-the-mortgage-market\/588133\"><\/p>\n<div>Continue to full article<\/div>\n<p>\t<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Bank of Canada is expected to keep its overnight rate at 2.25%, which is big news in the mortgage world\u2014especially here in Ontario, where I work with clients facing all kinds of renewal challenges. For about one-third of mortgage holders, renewal payments could jump by 20%. That\u2019s not just a number; it\u2019s a real [&hellip;]<\/p>\n","protected":false},"author":294,"featured_media":30,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-29","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.olgashvetsov.ca\/blog\/wp-json\/wp\/v2\/posts\/29","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.olgashvetsov.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.olgashvetsov.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.olgashvetsov.ca\/blog\/wp-json\/wp\/v2\/users\/294"}],"replies":[{"embeddable":true,"href":"https:\/\/www.olgashvetsov.ca\/blog\/wp-json\/wp\/v2\/comments?post=29"}],"version-history":[{"count":1,"href":"https:\/\/www.olgashvetsov.ca\/blog\/wp-json\/wp\/v2\/posts\/29\/revisions"}],"predecessor-version":[{"id":31,"href":"https:\/\/www.olgashvetsov.ca\/blog\/wp-json\/wp\/v2\/posts\/29\/revisions\/31"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.olgashvetsov.ca\/blog\/wp-json\/wp\/v2\/media\/30"}],"wp:attachment":[{"href":"https:\/\/www.olgashvetsov.ca\/blog\/wp-json\/wp\/v2\/media?parent=29"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.olgashvetsov.ca\/blog\/wp-json\/wp\/v2\/categories?post=29"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.olgashvetsov.ca\/blog\/wp-json\/wp\/v2\/tags?post=29"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}