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Canadian Mortgage Renewals: 2025 Rate Shock and Strategies
The 2025 Canadian mortgage renewal wave, impacting 60 percent of outstanding mortgages by year-end 2026, will see 40 percent of borrowers facing higher interest rates due to the 300-400 basis point increase since 2020 pandemic-era lows, prompting borrowers to shop around six months ahead of their ma...
Canadian Mortgage Renewals: 2025 Rate Shock and Strategies
The 2025 Canadian mortgage renewal wave, impacting 60 percent of outstanding mortgages by year-end 2026, will see 40 percent of borrowers facing higher interest rates due to the 300-400 basis point increase since 2020 pandemic-era lows, prompting borrowers to shop around six months ahead of their ma...
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