Many homeowners choose to stay with their current lender because they believe they don't have the time to look for other options. However, it is important to assess the rates and terms offered by your current lender when renewing your mortgage. I can provide guidance on this matter. It is also important to evaluate any life changes that may affect your finances, such as considering debt consolidation, utilizing home equity, or making plans for your property. Exploring refinancing options can also be beneficial, whether it is to pay off your mortgage faster or to leverage your home equity. It is advisable to avoid signing renewal forms without questioning and to take advantage of multiple lenders competing for the best rate. In Canada, there are innovative tools available to streamline the process and provide optimal options.