{"id":1244,"date":"2026-03-11T08:01:48","date_gmt":"2026-03-11T13:01:48","guid":{"rendered":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/03\/11\/gta-mortgage-renewal-crisis-is-the-worst-behind-us\/"},"modified":"2026-03-11T08:01:48","modified_gmt":"2026-03-11T13:01:48","slug":"gta-mortgage-renewal-crisis-is-the-worst-behind-us","status":"publish","type":"post","link":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/03\/11\/gta-mortgage-renewal-crisis-is-the-worst-behind-us\/","title":{"rendered":"GTA Mortgage Renewal Crisis: Is the Worst Behind Us?"},"content":{"rendered":"

Is the mortgage renewal cliff finally receding in the rearview mirror for GTA homeowners? New data suggests the peak of renewal shock may have passed, offering a glimmer of hope amidst rising costs. A recent TD Economics report indicates that households are now dedicating a smaller share of their income to debt servicing compared to a year ago. This is attributed to faster-than-expected growth in personal disposable income and extended amortization periods. <\/p>\n

While roughly 60% of mortgages are expected to renew in 2025-26, the Bank of Canada anticipates no severe financial stress, provided incomes continue to rise and interest rates remain below stress-test levels. Average mortgage payment increases are projected to moderate, with some borrowers potentially seeing near-zero changes as they secure lower rates. To delve deeper into these trends and understand the full scope of the mortgage renewal landscape, read the original article on mpamag.com.<\/p>\n

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Source: Read the original article<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

New data suggests the worst of Canada’s mortgage renewal shock may be over, offering relief to GTA homeowners. Is the ‘renewal cliff’ becoming a ‘gentle hill’?<\/p>\n","protected":false},"author":3,"featured_media":1243,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[178,206],"tags":[652,182,215,213,349,207],"class_list":["post-1244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-data","category-residential","tag-debt-service-ratio","tag-gta","tag-housing-market","tag-interest-rates","tag-mortgage-renewals","tag-toronto"],"_links":{"self":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/1244","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/comments?post=1244"}],"version-history":[{"count":0,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/1244\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media\/1243"}],"wp:attachment":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media?parent=1244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/categories?post=1244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/tags?post=1244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}