{"id":99,"date":"2026-10-11T15:00:00","date_gmt":"2026-10-11T15:00:00","guid":{"rendered":"https:\/\/www.mariusmitrofan.com\/blog\/?p=99"},"modified":"2026-10-11T15:00:00","modified_gmt":"2026-10-11T15:00:00","slug":"home-affordability-finds-its-footing-but-rising-rates-could-change-that","status":"publish","type":"post","link":"https:\/\/www.mariusmitrofan.com\/blog\/2026\/10\/11\/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>There\u2019s been a noticeable shift in home affordability across Canada, with the average five-year fixed mortgage rate climbing to 4.55% in August. Interestingly, this uptick has had minimal impact on monthly payments for now. The real driver behind improved affordability has been the decline in home prices \u2014 especially in key markets like Toronto, Vancouver, and Montr\u00e9al. As someone who has negotiated hundreds of transactions throughout the GTA, I\u2019ve seen firsthand how quickly market conditions can change. While current trends may offer buyers a welcome window of opportunity, it\u2019s important to stay mindful of how rising rates could influence the landscape ahead. Strategic decisions and timing remain essential for those looking to make the most of today\u2019s evolving 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>There\u2019s been a noticeable shift in home affordability across Canada, with the average five-year fixed mortgage rate climbing to 4.55% in August. Interestingly, this uptick has had minimal impact on monthly payments for now. The real driver behind improved affordability has been the decline in home prices \u2014 especially in key markets like Toronto, Vancouver, [&hellip;]<\/p>\n","protected":false},"author":250,"featured_media":100,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-99","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.mariusmitrofan.com\/blog\/wp-json\/wp\/v2\/posts\/99","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mariusmitrofan.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mariusmitrofan.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mariusmitrofan.com\/blog\/wp-json\/wp\/v2\/users\/250"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mariusmitrofan.com\/blog\/wp-json\/wp\/v2\/comments?post=99"}],"version-history":[{"count":1,"href":"https:\/\/www.mariusmitrofan.com\/blog\/wp-json\/wp\/v2\/posts\/99\/revisions"}],"predecessor-version":[{"id":102,"href":"https:\/\/www.mariusmitrofan.com\/blog\/wp-json\/wp\/v2\/posts\/99\/revisions\/102"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mariusmitrofan.com\/blog\/wp-json\/wp\/v2\/media\/100"}],"wp:attachment":[{"href":"https:\/\/www.mariusmitrofan.com\/blog\/wp-json\/wp\/v2\/media?parent=99"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mariusmitrofan.com\/blog\/wp-json\/wp\/v2\/categories?post=99"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mariusmitrofan.com\/blog\/wp-json\/wp\/v2\/tags?post=99"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}