RateShop.ca | Mortgage Learning Centre

Get the lowest mortgage rates in Canada from RateShop.ca

Spending Can Impact Mortgage Approval

Spending Can Impact Mortgage ApprovalBy: Ranjit Nanda Published on: 17/12/2025

Learn how holiday spending can impact mortgage approval. Discover how credit cards, debt ratios, and new credit affect your chances—and how to protect your application.

Mortgage Rates
Spending Can Impact Mortgage Approval

5 Year - Fixed Term from

3.89%

*Advertised rates may not be offered by this lender. Mortgage lender offers are aggregated by RateShop & its Brokerage Network subject to change without notice. Speak with our mortgage broker about APR and qualification requirements.