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Mortgage Renewal Rate

While most Canadians spend a lot of time and effort shopping for an initial mortgage, the same is generally not the case when looking at home mortgage renewal.

By omitting proper consideration at the time of renewal, you could be losing thousands of dollars every year by not adjusting your home mortgage.

STAT: Nearly 60% of mortgage renewers simply sign and send back the renewal that is first offered to them by their lender, without ever shopping around for a more favourable interest rate.

At The Place to Mortgage.com we access a wide selection of lenders, and regularly secure rates of more than 1% lower than the renewal offer from existing lenders.

If your mortgage renewal is less than four months away, please contact us immediately or fill out our BEST RATE RENEWAL APPLICATION

If your mortgage renewal is greater than four months away, make sure you get a renewal reminder by clicking here to receive an email prior to your renewal date reminding you of your upcoming renewal and rate-hold options.

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