{"id":35,"date":"2026-10-10T17:00:00","date_gmt":"2026-10-10T17:00:00","guid":{"rendered":"https:\/\/www.olgashvetsov.ca\/blog\/?p=35"},"modified":"2026-10-10T17:00:00","modified_gmt":"2026-10-10T17:00:00","slug":"home-affordability-finds-its-footing-but-rising-rates-could-change-that","status":"publish","type":"post","link":"https:\/\/www.olgashvetsov.ca\/blog\/2026\/10\/10\/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>With Canada&#039;s average five-year fixed mortgage rate climbing to 4.55% in August, many are wondering what this means for their home ownership journey. Interestingly, despite this uptick, most homeowners are seeing only minimal changes to their payments. The real story? Housing affordability is getting a boost, thanks largely to falling home prices\u2014especially in key markets like Toronto, Vancouver, and Montr\u00e9al.<\/p>\n<p>After more than 20 years as an underwriter, I\u2019ve seen how quickly market dynamics can shift. While lower prices can open doors for buyers who may have felt priced out, it\u2019s important to remember that rising rates could impact affordability down the road. This is where a tailored approach becomes crucial, particularly if you\u2019re navigating unique challenges\u2014whether you\u2019re self-employed, new to Canada, or have credit hurdles.<\/p>\n<p>My focus has always been on helping you feel confident about your mortgage decisions. Understanding the landscape and having a strategy in place can make all the difference as the market evolves.<\/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>With Canada&#039;s average five-year fixed mortgage rate climbing to 4.55% in August, many are wondering what this means for their home ownership journey. Interestingly, despite this uptick, most homeowners are seeing only minimal changes to their payments. The real story? Housing affordability is getting a boost, thanks largely to falling home prices\u2014especially in key markets [&hellip;]<\/p>\n","protected":false},"author":294,"featured_media":36,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-35","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\/35","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=35"}],"version-history":[{"count":1,"href":"https:\/\/www.olgashvetsov.ca\/blog\/wp-json\/wp\/v2\/posts\/35\/revisions"}],"predecessor-version":[{"id":37,"href":"https:\/\/www.olgashvetsov.ca\/blog\/wp-json\/wp\/v2\/posts\/35\/revisions\/37"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.olgashvetsov.ca\/blog\/wp-json\/wp\/v2\/media\/36"}],"wp:attachment":[{"href":"https:\/\/www.olgashvetsov.ca\/blog\/wp-json\/wp\/v2\/media?parent=35"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.olgashvetsov.ca\/blog\/wp-json\/wp\/v2\/categories?post=35"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.olgashvetsov.ca\/blog\/wp-json\/wp\/v2\/tags?post=35"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}