Reviewed by Scott Dillingham · Licensed Mortgage Broker · Updated May 21, 2026
Mortgage Renewal News
News, analysis, and commentary on the Canadian mortgage market — every item curated for relevance to homeowners coming up for renewal in 2026 and 2027.
Bank of Canada Holds Rate at 2.25% — Fourth Consecutive Hold
The BoC held its overnight rate at 2.25% for the fourth consecutive meeting, warning that decisions are clouded by uncertainty as oil-driven inflation rebounds. Prime rate remains 4.45%. Next decision is June 10, 2026.
Bank of Canada Holds Rate at 2.25% in March Decision
The BoC held its overnight rate at 2.25% for the third consecutive meeting, citing stable inflation at 1.9% and resilient Canadian labour market data. Prime rate remains at 4.45%. Here's what the hold means for anyone renewing in 2026.
November 2024 Stress Test Change: What It Means 18 Months Later
OSFI's November 21, 2024 rule change eliminated the stress test for uninsured straight-switch renewals. 18 months in, we look at the actual switching behaviour, lender competition, and real borrower savings.
The December 2024 Mortgage Reforms: 30-Year Amortization Now Live
First-time buyers and new-build purchasers with insured mortgages can now amortize over 30 years — up from 25. One year later, the program has meaningfully expanded affordability. Here's how it applies at renewal.
Trigger Rate Anxiety Fades as Prime Drops to 4.45%
Two years ago, variable-rate borrowers were hitting trigger rates in droves. With prime now at 4.45% — down from its 7.20% peak — the trigger-rate crisis has largely resolved. But if you had one, it's time to check whether your amortization restored to schedule.
Canadian Mortgage Charter: What Changed Between 2023 and 2026
Introduced in Budget 2023, the Canadian Mortgage Charter codified lender obligations around at-risk borrowers. Three years on, we look at what it delivered, what banks did voluntarily, and what's still missing at renewal.
CMHC Spring 2026: Renewal Wave Peaked — 1M Households Still Ahead
CMHC's Spring 2026 RMIR finds renewal volumes peaked in 2025 (~1.2M) and are projected 13% lower in 2026 (~1M households). Delinquencies ticked up to 0.24% nationally; variable-rate share hit 42% of new extensions by February 2026.
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