Many homeowners remain with their current lender due to perceived time constraints, but it’s important to reassess mortgage rates and terms during renewals by reaching out for expert guidance. Consider any life changes that may affect your finances, such as debt consolidation, using home equity, or property plans, and explore refinancing options to pay down your mortgage faster or adjust amortization. Refinancing can help take advantage of rate changes, increased equity, or larger mortgage amounts. By consulting top Canadian lenders and using advanced tools, you can compare multiple offers and avoid signing renewal documents without negotiating to secure the best possible rate and terms.