BC Mortgage Renewal Notes
Thousands of BC homeowners locked in five-year fixed rates under 2% in 2021 and are renewing now at more than twice that. This guide works through one typical renewal and compares the options: stretching the amortization, prepaying, choosing a term, and switching lenders.
Guides
Renewing a 2021 mortgage in 2026: the payment jump and four ways to soften itThousands of British Columbia homeowners locked in five-year fixed mortgages in 2021, when rates were under 2%. Many of them are renewing now at rates…