Renewal mortgage rates
Ask about my rateCompare Canadian mortgage renewal rates before maturity, including switch-lender options, term strategy, negotiation leverage, and qualification tradeoffs.
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Showing the first 0 cards from 0 matching rates for Renewal · 5-year fixed · $999,999.
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Understand the rate you’re looking at.
A mortgage renewal rate is the pricing offered for the term after your current mortgage matures. You can accept your lender's offer, negotiate, or switch lenders. Start early enough to compare the total package; a switch may require qualification and documents, while a simple renewal with the existing lender is usually easier but not automatically cheaper.
Renewal offers arrive early, but you do not have to accept the first offer. Compare rates and terms before signing.
- Start
- Roughly 120 to 90 days before maturity
- Compare
- Stay, switch, and refinance as separate decisions
- Check
- Transfer costs, qualification, features, and term strategy
Before you accept an offer
- Side-by-side renewal pricing with term filters.
- Use reminders to avoid missed renewal windows.
- Save scenarios to negotiate with confidence.
Clear answers
Before you decide
When should I start shopping renewal rates?
Ideally 4 to 6 months before maturity.
Do I need to re-qualify at renewal?
Not always, but switching lenders may require qualification.
References
Use the regulator and consumer-agency guidance alongside the written terms of your lender’s offer.
Pragmatic Mortgage Lending · BC & Alberta
Find the rate that fits the whole mortgage.
We’ll review lender eligibility, penalties and flexibility alongside the payment.