Mortgage Renewal 2026 vs 2021 | How to Save and pay less on Mortgage payments

Video Description

Is your mortgage renewal coming up in 2025 or 2026? Before you sign that renewal letter from your bank, you need to know this: mortgage rates today are dramatically higher than they were in 2020–2021 — and that can mean thousands of dollars more per year if you don’t plan properly. In this video, I break down: What’s happening with Canadian mortgage rates Why your monthly payment could jump by $1,000+ The exact steps homeowners should follow before renewing How to negotiate a better rate Why shopping with mortgage brokers vs banks can save you money How to avoid massive penalties and bad mortgage terms Many homeowners are renewing mortgages that were locked in at 1–2%, and now facing rates over 5%. That difference alone can add $10,000–$15,000 per year to your housing costs. The good news? If you prepare early and negotiate properly, you can protect your cash flow and avoid overpaying. Whether you live in Hamilton, Burlington, Oakville, Mississauga, Brampton, or anywhere in Ontario, this guide shows you how to make smart mortgage decisions in today’s market. 📌 Watch before you renew — this could save you tens of thousands of dollars. 📊 What You’ll Learn ✔ How early to start your mortgage renewal ✔ What lenders don’t tell you ✔ How to use competing offers to get a better deal ✔ Fixed vs variable in today’s rate environment ✔ How to avoid costly mortgage penalties 🏡 Need help with your mortgage or next move? I work with trusted, licensed mortgage brokers and help homeowners across Hamilton, Burlington, Oakville, Mississauga, and the GTA make smarter real estate and financing decisions. 👉 Reach out using the contact info below. Live. Invest. Thrive. 416-660-3269 [email protected] https://www.instagram.com/ahmadkaoudrealtor/ https://www.facebook.com/ahmad.kaoud.581/ ahmadkaoud.com mortgage renewal 2026 mortgage renewal Canada renewing mortgage Ontario mortgage rates today Canada fixed vs variable mortgage mortgage broker vs bank how to renew a mortgage mortgage payment increase real estate Ontario Hamilton real estate Burlington real estate Oakville real estate