Many homeowners choose to stay with their current lender because they believe they don't have enough time to explore other options. However, I can provide guidance on assessing the rates and terms offered by your current lender during mortgage renewals. It is also important to evaluate any life changes that may affect your finances, such as consolidating your debt, using your home equity, or making future property plans. Additionally, consider exploring refinancing options to pay off your mortgage faster or make use of your home equity. Refinancing can also be done to accommodate changes in interest rates, increased mortgage amounts, or adjustments in amortization. By utilizing the top lenders in Canada, you can make informed decisions about your mortgage renewal and benefit from multiple lenders competing for the best rate. It is recommended to avoid signing renewal forms without questioning to ensure you secure the best rate possible. Finally, take advantage of innovative tools available in Canada to streamline the renewal process and find optimal options for your mortgage.