06/09/2026
Mortgage renewals are looking very different these days.
A lot of homeowners are surprised to learn they may be able to save money by switching lenders at renewal — but the lowest rate isn’t always the full story.
There can be stress tests, appraisals, legal fees, refinancing decisions, amortization changes… and sometimes staying put actually makes more sense depending on the situation.
Every mortgage has a story behind it, which is why cookie-cutter advice rarely works.
Just sharing some perspective because renewal season is becoming one of the biggest financial conversations many Canadians will have this year. 👀