{"id":98,"date":"2026-10-11T15:00:00","date_gmt":"2026-10-11T15:00:00","guid":{"rendered":"https:\/\/www.jonathanwu.ca\/blog\/?p=98"},"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.jonathanwu.ca\/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>Lately, there\u2019s been a noticeable shift in home affordability across Canada \u2014 and it comes down to more than just mortgage rates. In August, the average five-year fixed mortgage rate climbed to 4.55%. Surprisingly, this hasn\u2019t had a major effect on monthly payments yet. Instead, it\u2019s the decline in home prices, particularly in Toronto, Vancouver, and Montr\u00e9al, that\u2019s making ownership a bit more accessible for many buyers. My background in both analytics and real estate has shown me that these nuances matter when navigating the market. As always, understanding the interplay between prices and rates is key to making confident property decisions, whether you\u2019re buying your first home or considering a move in these dynamic cities.<\/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>Lately, there\u2019s been a noticeable shift in home affordability across Canada \u2014 and it comes down to more than just mortgage rates. In August, the average five-year fixed mortgage rate climbed to 4.55%. Surprisingly, this hasn\u2019t had a major effect on monthly payments yet. Instead, it\u2019s the decline in home prices, particularly in Toronto, Vancouver, [&hellip;]<\/p>\n","protected":false},"author":195,"featured_media":99,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-98","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.jonathanwu.ca\/blog\/wp-json\/wp\/v2\/posts\/98","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jonathanwu.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jonathanwu.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jonathanwu.ca\/blog\/wp-json\/wp\/v2\/users\/195"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jonathanwu.ca\/blog\/wp-json\/wp\/v2\/comments?post=98"}],"version-history":[{"count":1,"href":"https:\/\/www.jonathanwu.ca\/blog\/wp-json\/wp\/v2\/posts\/98\/revisions"}],"predecessor-version":[{"id":102,"href":"https:\/\/www.jonathanwu.ca\/blog\/wp-json\/wp\/v2\/posts\/98\/revisions\/102"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.jonathanwu.ca\/blog\/wp-json\/wp\/v2\/media\/99"}],"wp:attachment":[{"href":"https:\/\/www.jonathanwu.ca\/blog\/wp-json\/wp\/v2\/media?parent=98"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jonathanwu.ca\/blog\/wp-json\/wp\/v2\/categories?post=98"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jonathanwu.ca\/blog\/wp-json\/wp\/v2\/tags?post=98"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}