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Make Money CountAuthor: Cannect Inc.
Welcome to Make Money Count, a podcast focused on the Canadian economy, Real Estate, and your mortgage. Wed love it if youd join us as we explore options that put dollars back into the average Canadians pocket. Subscribe for new episodes weekly! Language: en Genres: Business, Investing, News, News Commentary Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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The Mortgage Renewal Strategy Banks Don’t Explain
Episode 169
Saturday, 21 February, 2026
Your mortgage is renewing, and it’s not going to feel like it did five years ago. If you locked in a 1.39% -- 1.49% mortgage, your renewal could mean a $800–$1,000 jump in monthly payments. In this episode of Make Money Count, Marcus and Justin break down how mortgage renewals really work in today’s high-rate market, and how to optimize your decision instead of blindly accepting the bank’s offer. In this episode, we cover: What mortgage renewals look like in 2026 Real renewal numbers (before vs after rates) How re-amortizing can lower monthly payments Fixed vs variable: what actually makes sense right now Why 75% of Canadians break their mortgage early The hidden penalties banks don’t explain How economic signals, inflation, and the Bank of Canada influence mortgage rates Mortgage renewal isn’t paperwork. It’s a financial strategy decision that can quietly cost, or save, you tens of thousands of dollars. 🎧 Listen to the full episode to learn how to renew smarter, not more expensive. Drop your renewal questions in the comments; we read them all.
