Rate Alert: What to Do 90 Days Before Your 2026 Renewal
Your bank's renewal letter is coming. Three moves in the 90-day window — rate hold, competing quote, switch math — that set up every 2026 renewal.
Reviewed by Scott Dillingham · Licensed Mortgage Agent (Ontario, Level 2) · Updated September 8, 2026
Renewal coming up?
Your lender must send a renewal statement at least 21 days before maturity — but the real window opens 120 days out, when brokers can hold a rate for you free.
The 90-day playbook
- Lock a free rate hold so market moves can’t hurt you while you shop.
- Get one competing quote — brokers compare 30+ lenders at no cost to you.
- Run stay-vs-switch math including discharge, legal, and appraisal.
Rate holds only help if you start before the renewal letter arrives, as outlined in Early Mortgage Renewal: When to Start and What It Costs.
Once your hold is set, compare it against live competitive ranges in Best Mortgage Renewal Rates.
What not to do
Don’t sign the first letter to “get it over with.” Auto-renewal at posted rates is the most expensive convenience in Canadian mortgages.
Full hub: First-Time Mortgage Renewal.
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Best Mortgage Renewal Rates
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Calculators matched to this renewal topic.
Renewal coming up?
Go from news to a plan — read the evergreen guide, then book a free call.