
Did you know?
In 2025, approximately 1.2 million Canadian homeowners will face mortgage renewals, with about 85% of these mortgages initially secured during periods of historically low interest rates. As a result, many are anticipating increased monthly payments upon renewal.
For those of us facing mortgage renewals in the next year, the uncertainty can feel overwhelming. But rest assured, you are not alone. Many homeowners across the country are navigating this same situation. Instead of worrying, let’s focus on what we can do to make a plan.
While the interest rate is important, it’s only one part of the equation. Factors like:
amortization payment frequency and other terms should also be considered when renewing your mortgage to ensure your payments remain as manageable as possible.
We offer the expertise needed to help you make informed decisions. Plus, with access to multiple lenders, I can secure the best rates and find a mortgage solution tailored to your specific needs.
Contact us today:
403-479-1134