Mortgage Renewal In Canada: What You Need to Know
Mortgage renewals can feel overwhelming, especially right now. With rates higher than your last renewal or when you got your mortgage, there can be a lot to navigate. With letters from the bank showing a dozen different options, and banks and brokers giving you multiple options, it’s no wonder so many people feel lost.
In this episode of the Mind & Money Podcast, we to break down everything you need to know about renewing your mortgage — in plain language, with zero judgment.
We talk about:
The real impact of higher rates (hint: we share guidance on figuring out what your payment could be)
How to compare offers from your bank vs. a mortgage broker
Why rolling debt into your mortgage can be helpful or harmful
How to prepare financially if your payment will be going up
The simple shift of matching your mortgage payments to your paycheque
If you’ve got a renewal coming up — whether it’s next month or next year — this episode will help you feel more prepared, calm, and in control.
👉 Listen now and take the stress out of your mortgage renewal.