Mortgage Renewal Alerts
Free email reminders 6, 3, and 1 month before your renewal — so you have time to shop rates instead of auto-renewing at your bank's posted rate.
Why renewal timing matters
Roughly 60% of Canadian homeowners auto-renew at their existing bank's posted rate without negotiating or shopping. On a $400,000 mortgage, accepting the bank's first offer instead of the best market rate typically costs $8,000–$12,000 over a 5-year term.
Our alerts hit you at three critical moments:
- 6 months out — Time to start gathering quotes from brokers and other lenders
- 3 months out — Lock in a rate hold (most lenders honour rates for 90–120 days)
- 1 month out — Final decision deadline, time to switch lenders if needed