{"id":2022,"date":"2026-08-20T08:02:41","date_gmt":"2026-08-20T13:02:41","guid":{"rendered":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/08\/20\/the-pandemic-mortgage-cliff-why-1-in-3-gta-borrowers-are-feeling-the-heat\/"},"modified":"2026-08-20T08:02:41","modified_gmt":"2026-08-20T13:02:41","slug":"the-pandemic-mortgage-cliff-why-1-in-3-gta-borrowers-are-feeling-the-heat","status":"publish","type":"post","link":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/08\/20\/the-pandemic-mortgage-cliff-why-1-in-3-gta-borrowers-are-feeling-the-heat\/","title":{"rendered":"The Pandemic Mortgage Cliff: Why 1 in 3 GTA Borrowers Are Feeling the Heat"},"content":{"rendered":"

As the final wave of record-low, pandemic-era mortgages reaches the renewal stage, a new Royal LePage survey reveals shifting sentiments among Canadian homeowners. While the feared ‘default crisis’ has not materialized, 35% of mortgage holders report increased anxiety as they transition to current market rates. Notably, Toronto is seeing a localized uptick in financial strain, with delinquency rates (mortgages 90+ days overdue) rising to 0.29% in late 2025. Despite this, 71% of homeowners are choosing to stay in their current homes rather than downsize, opting instead to curb discretionary spending or delay renovations to manage higher payments. With 38% of borrowers expecting increased monthly costs, the market is proving resilient but cautious. For a deeper dive into the data and expert analysis on how these renewal pressures are shaping the broader landscape, read the full report at https:\/\/www.mpamag.com\/ca\/mortgage-industry\/industry-trends\/mortgage-anxiety-rises-as-canadas-final-pandemic-era-renewals-land\/586727.<\/p>\n

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Source: Read the original article<\/a><\/em><\/p>\n

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As pandemic-era mortgage rates expire, 1 in 3 Canadians report rising renewal anxiety. See how Toronto homeowners are navigating the shift.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[178,206],"tags":[182,215,213,416,207],"class_list":["post-2022","post","type-post","status-publish","format-standard","hentry","category-market-data","category-residential","tag-gta","tag-housing-market","tag-interest-rates","tag-mortgage-renewal","tag-toronto"],"_links":{"self":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/2022","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=2022"}],"version-history":[{"count":0,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/2022\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media?parent=2022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/categories?post=2022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/tags?post=2022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}