Tag: #MortgageRenewal
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New 2026 Mortgage Rule Quietly Lets Ontario Homeowners Switch Lenders At Renewal Without Facing The Usual Stress Test Barrier
New 2026 Mortgage Rule Quietly Lets Ontario Homeowners Switch Lenders At Renewal Without Facing The Usual Stress Test Barrier Here’s a change almost nobody outside the industry is talking about: Canada’s regulator has dropped the stress test requirement for “straight switch” renewals, so many homeowners can now move to a new lender without re‑qualifying at… Read more
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Ontario’s 59% Surge in Power of Sale Listings and the Mortgage “Renewal Wall” Putting Ontario Families and Condo Investors Under Extreme Pressure in 2026
Ontario’s 59% Surge in Power of Sale Listings and the Mortgage “Renewal Wall” Putting Ontario Families and Condo Investors Under Extreme Pressure in 2026 Across Ontario, power-of-sale listings have jumped roughly 59% year-over-year as distressed inventory surges and the market recalibrates in buyers’ favour. A huge “renewal wall” of over $200 billion in mortgages, many… Read more
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Between 2.1 and 2.4 million Canadian households are renewing in 2025–2026, representing about 60% of all mortgages, with many seeing 6–20% payment increases and some up to 40%.
Between 2.1 and 2.4 million Canadian households are renewing in 2025–2026, representing about 60% of all mortgages, with many seeing 6–20% payment increases and some up to 40%. A fixed-rate borrower who locked at around 1.4% in 2020 and renews near 3.9–4.0% today can see annual payments rise by nearly $7,000, which is a serious… Read more
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Your Mortgage Renews in 2026? Why Many Ontario Homeowners Face 15–20% Higher Payments And How I Can Help You Fight Back
Your Mortgage Renews in 2026? Why Many Ontario Homeowners Face 15–20% Higher Payments And How I Can Help You Fight Back If your mortgage renews in 2026, you could be looking at monthly payments that are 15–20% higher than what you locked in during the low-rate years. Across Canada, millions of borrowers are rolling off… Read more
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Your 2026 Mortgage Renewal Could Destroy Your Cash Flow
Across Canada, headlines say interest rates are “holding,” but renewal and qualification stress is still brutal: discounted fixed and variable mortgage rates remain in the mid-3% to mid-4% range, and borrowers rolling off ultra-low pandemic rates are getting payment shocks. Forecasts now suggest the Bank of Canada may sit at current levels for much of… Read more