Mortgage renewal

It may catch you off guard when the letter comes in the mail: it’s time to renew your mortgage. Sign now, says your bank, and you’ll be all set …

The last several years have been a tumultuous time for mortgage shoppers. Variable interest rates have marched steadily higher since March 2022, …

For Canadians who currently have a mortgage, higher interest payments are a certainty in the near future. That’s the harsh truth, despite expectations …

When you take out a mortgage, you’ll sign a contract with your lender that outlines the specific features of your mortgage, such as the interest rate you’ll pay, whether it’s open or closed, and any additional perks such as the ability to make accelerated payments, and porting your mortgage.

It’s no secret that impending mortgage renewals this year and next are a prominent concern. With an anticipated $251 billion in mortgages coming …

Mortgage renewal is a great time to secure a lower rate and save money. It can be tricky to renew a mortgage though. Here are 5 mortgage renewal tips.