
mortgage renewals


Bank CEOs see mortgage risk easing as attention turns to political uncertainty
The heads of Canada’s biggest banks are finally seeing risks around mortgage renewals easing, only for worries about tariffs and political uncertainty to take their place.

“Strong consensus” among BoC Governing Council that 50bps cut was needed in October
The Bank of Canada’s Governing Council reached a “strong consensus” in October that a 50-basis-point rate cut was needed.

Canada’s job market poses a bigger risk than mortgage renewals: RBC
With mortgage renewal fears easing, RBC warns that a weakening job market could be the bigger threat to Canada’s economy

Preparing for your mortgage renewal: Tips to ease the stress of higher payments
Millions of Canadian homeowners are facing mortgage renewals in the coming years, with many feeling stressed as they prepare for higher payments amid persistently elevated interest rates.

Bank of Canada officials worry that rate cuts may overheat the housing market
The Bank of Canada’s top decision-makers expressed concerns before announcing this month’s interest rate cut, fearing that the rate relief could potentially overheat the housing market.

Preparing for the next wave of renewals: Manulife’s unique solutions
The mortgage industry is in the midst of a transition in Canada, and Manulife is ready to evolve with it.

Mortgage deselection: Can your lender choose not to renew your mortgage?
With an estimated three million Canadians facing a mortgage renewal over the next 15 years, many borrowers are asking a very important question: does my lender have to renew my mortgage?

Equitable Bank says majority of its mortgage borrowers have already renewed at higher rates
Alternative lender Equitable Bank revealed today that a majority of its residential mortgage clients have already renewed at higher interest rates and have largely absorbed the increases.

RBC bracing for renewal impact: three quarters of its mortgages to see higher rates by 2026
Despite interest rates having been elevated for over a year, Canada’s largest bank said the bulk of the impact is yet to be felt with nearly three quarters of its mortgage portfolio coming up for renewal over the next three years.