Almost 10% of Toronto mortgage holders won’t qualify to refinance next year, BoC says
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Article Excerpt
Almost 10% of Toronto mortgage holders won’t qualify to refinance next year, BoC says
RACHELLE YOUNGLAI
REAL ESTATE REPORTER
PUBLISHED JUNE 7, 2026
Open this photo in gallery:
A home in Toronto's east end in May, 2020. Real estate prices have been declining across Canada for the past four years.
MELISSA TAIT/THE GLOBE AND MAIL
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Nearly one in 10 mortgage holders in the Toronto area won’t be able to refinance their loans or renew them with a new lender i…
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