{"id":2336,"date":"2025-03-21T17:15:36","date_gmt":"2025-03-21T17:15:36","guid":{"rendered":"https:\/\/effortlessmortgage.ca\/blogs\/?p=2336"},"modified":"2025-03-21T17:15:37","modified_gmt":"2025-03-21T17:15:37","slug":"get-better-mortgage-renewal-rates","status":"publish","type":"post","link":"https:\/\/effortlessmortgage.ca\/blogs\/get-better-mortgage-renewal-rates\/","title":{"rendered":"Get Better Mortgage Renewal Rates &#8211; Everytime"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2336\" class=\"elementor elementor-2336\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-46528b68 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"46528b68\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6f49500f\" data-id=\"6f49500f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-17424152 elementor-widget elementor-widget-text-editor\" data-id=\"17424152\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-start=\"319\" data-end=\"446\"><span style=\"font-weight: 400;\">If you&#8217;re approaching your mortgage renewal, there&#8217;s never been a better time to explore your options. <strong>With recent policy changes at the end of 2024 that make switching lenders easier<\/strong> and a market offering competitive mortgage renewal rates, you can now secure a better deal on your mortgage renewal. <\/span><\/p>\n<p data-start=\"319\" data-end=\"446\"><span style=\"font-weight: 400;\">In this guide, we\u2019ll walk you through the latest policy updates, share current rate trends, and offer practical tips to maximize your savings\u2014whether you\u2019re in Ontario, Alberta, British Columbia, or anywhere in Canada.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bff9558 elementor-widget elementor-widget-heading\" data-id=\"bff9558\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">New Policy Changes Making Mortgage Renewals Smoother<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b39e5e1 elementor-widget elementor-widget-text-editor\" data-id=\"b39e5e1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-start=\"932\" data-end=\"1031\"><span style=\"font-weight: 400;\">On November 21, 2024, the Office of the Superintendent of Financial Institutions (OSFI) introduced significant changes to simplify the mortgage renewal process for uninsured mortgage holders. <strong>Here\u2019s what you need to know:<\/strong><\/span><\/p>\n<p>\ud83d\udd39 <strong>No Stress Test for &#8220;Straight Switches&#8221;:<\/strong><\/p>\n<ul>\n<li><strong>What It Means:<\/strong> If you&#8217;re switching from one federally regulated lender to another while keeping the same loan amount and amortization schedule\u2014a process known as a &#8220;straight switch&#8221;\u2014the new lender won&#8217;t require a new mortgage stress test.<\/li>\n<li><strong>Benefit:<\/strong> This change removes a major hurdle, allowing you to explore competitive mortgage renewal rates without the extra qualifying steps.<\/li>\n<\/ul>\n<p>\ud83d\udd39 <strong data-start=\"1230\" data-end=\"1252\">Purpose of the Change:<\/strong><\/p>\n<ul>\n<li data-start=\"1227\" data-end=\"1381\">The goal is to enable homeowners to switch to a lender offering better terms or lower rates without the burden of an extra stress test.<\/li>\n<li data-start=\"1383\" data-end=\"1465\">This policy is part of a broader effort to make homeownership more accessible and affordable for Canadians.<\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<p><strong>Full Policy Changes Details Here: <a href=\"https:\/\/effortlessmortgage.ca\/blogs\/new-mortgage-rule-changes-december-2024\/\">New Mortgage Rule Changes December 2024<\/a><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5247bbb elementor-widget elementor-widget-testimonial\" data-id=\"5247bbb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"testimonial.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-testimonial-wrapper\">\n\t\t\t\t\t\t\t<div class=\"elementor-testimonial-content\">\"The recent OSFI policy changes have truly leveled the playing field, making it easier than ever for homeowners to switch lenders and secure competitive mortgage renewal rates. Plan ahead and leverage these changes to get the best deal possible!\"<\/div>\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-testimonial-meta\">\n\t\t\t\t<div class=\"elementor-testimonial-meta-inner\">\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-testimonial-details\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-testimonial-name\">Effortless Mortgage<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-testimonial-job\">Team<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cb3ce0f elementor-widget elementor-widget-heading\" data-id=\"cb3ce0f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Current Mortgage Renewal Rates<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-951710d elementor-widget elementor-widget-text-editor\" data-id=\"951710d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-start=\"1888\" data-end=\"2036\">Understanding the current market rates is crucial when it comes to negotiating your mortgage renewal. Here&#8217;s a snapshot of what you might expect in today&#8217;s market.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bd26836 elementor-widget elementor-widget-text-editor\" data-id=\"bd26836\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-start=\"1888\" data-end=\"2036\"><em><strong>Current Rate (Approx.)<\/strong><\/em><\/p>\n<ul>\n<li data-start=\"1888\" data-end=\"2036\">3-Year and 5-Year Fixed Rate Renewals: 3.74% &#8211; 4.24%<\/li>\n<li data-start=\"1888\" data-end=\"2036\">3-Year and 5-Year Variable Rate Renewals: 3.90% &#8211; 4.20%<\/li>\n<\/ul>\n<p><em>\n<br><strong>Note:<\/strong> These rates are approximate and can vary based on your financial profile, the lender, the property, the location, and regional market conditions.<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2b6cd96 elementor-widget elementor-widget-heading\" data-id=\"2b6cd96\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Fixed vs Variable Mortgage Renewal Rates<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-960e300 elementor-widget elementor-widget-text-editor\" data-id=\"960e300\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-start=\"2754\" data-end=\"2905\">When renewing your mortgage, you typically face the choice between fixed and variable rates. Understanding these differences helps you choose the option that best fits your financial situation and risk tolerance. Here&#8217;s a quick comparison:<\/p>\n<p data-start=\"2754\" data-end=\"2905\"><em><strong>Fixed Rate Renewals<\/strong><\/em><\/p>\n<p data-start=\"2754\" data-end=\"2905\"><strong>Pros:<\/strong><\/p>\n<ul>\n<li data-start=\"2754\" data-end=\"2905\"><strong>Stability:<\/strong> Your interest rate remains constant, making monthly budgeting easier.<\/li>\n<li data-start=\"2754\" data-end=\"2905\"><strong>Predictability:<\/strong> Consistent payments regardless of market fluctuations.<\/li>\n<\/ul>\n<p data-start=\"2754\" data-end=\"2905\"><strong>Cons:<\/strong><\/p>\n<ul>\n<li data-start=\"2754\" data-end=\"2905\"><strong>Missed Opportunities:<\/strong> You may not benefit from further rate cuts.<\/li>\n<li data-start=\"2754\" data-end=\"2905\"><strong>Bond Yields Influence:<\/strong> Fixed rates are linked to government bond yields, which may not reflect the most recent market changes.<\/li>\n<\/ul>\n<p data-start=\"2754\" data-end=\"2905\">\u00a0<\/p>\n<p data-start=\"2754\" data-end=\"2905\"><em><strong>Variable Rate Renewals<\/strong><\/em><\/p>\n<p data-start=\"2754\" data-end=\"2905\"><strong>Pros:<\/strong><\/p>\n<ul>\n<li data-start=\"2754\" data-end=\"2905\"><strong>Flexibility:<\/strong> Rates can adjust more quickly with market changes, potentially lowering your monthly payments when rates drop.<\/li>\n<li data-start=\"2754\" data-end=\"2905\"><strong>Immediate Savings:<\/strong> Recent rate cuts, like the one from 3% to 2.75%, can have a direct impact on your expenses.<\/li>\n<\/ul>\n<p data-start=\"2754\" data-end=\"2905\"><strong>Cons:<\/strong><\/p>\n<ul>\n<li data-start=\"2754\" data-end=\"2905\"><strong>Payment Fluctuations:<\/strong> Your monthly payments can vary, which might make budgeting challenging.<\/li>\n<li data-start=\"2754\" data-end=\"2905\"><strong>Risk of Increase:<\/strong> If market rates rise, your payments could increase accordingly.\u00a0<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c1177a5 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"c1177a5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6fdfd3e elementor-widget elementor-widget-image\" data-id=\"6fdfd3e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"800\" src=\"https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2025\/03\/mortgage-renewal-roadmap-1024x1024.png\" class=\"attachment-large size-large wp-image-2345\" alt=\"mortgage renewal roadmap\" srcset=\"https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2025\/03\/mortgage-renewal-roadmap-1024x1024.png 1024w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2025\/03\/mortgage-renewal-roadmap-300x300.png 300w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2025\/03\/mortgage-renewal-roadmap-150x150.png 150w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2025\/03\/mortgage-renewal-roadmap-768x768.png 768w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2025\/03\/mortgage-renewal-roadmap.png 1080w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bc475f9 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"bc475f9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5bc07fa elementor-widget elementor-widget-heading\" data-id=\"5bc07fa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Tips to Maximize Your Mortgage Renewal Rates<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4aac3c5 elementor-widget elementor-widget-text-editor\" data-id=\"4aac3c5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-start=\"1888\" data-end=\"2036\">Now that you know about the recent policy changes and have an idea of the current rates, here are some actionable steps to help you secure the best mortgage renewal deal:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8b84d77 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"8b84d77\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3 data-start=\"214\" data-end=\"278\"><strong data-start=\"218\" data-end=\"276\">1. Start Early &#8211; Shop 4-6 Months in Advance<\/strong><\/h3>\n<p data-start=\"279\" data-end=\"528\">\ud83d\udd39 <strong data-start=\"282\" data-end=\"301\">Plan Ahead:<\/strong> Begin your search at least 4-6 months before your renewal date to avoid any last-minute surprises.<br data-start=\"367\" data-end=\"370\" \/>\ud83d\udd39 <strong data-start=\"373\" data-end=\"388\">Expert Advice:<\/strong> Consider consulting a mortgage broker for personalized advice and to leverage their experience and lender network.\u00a0 Let them shop and negotiate for you.<\/p>\n<hr data-start=\"530\" data-end=\"533\" \/>\n<h3 data-start=\"535\" data-end=\"577\"><strong data-start=\"539\" data-end=\"575\">2. Gather Your Mortgage Details<\/strong><\/h3>\n<p data-start=\"578\" data-end=\"869\">\ud83d\udd39 <strong data-start=\"581\" data-end=\"600\">Know\u00a0 Your Numbers:<\/strong> Review your current mortgage documents to understand your interest rate, monthly payments, fees, and any penalties for early repayment.<br data-start=\"685\" data-end=\"688\" \/>\ud83d\udd39 <strong data-start=\"691\" data-end=\"706\">Preparation is Key:<\/strong> Being well-prepared gives you the leverage needed to negotiate a better deal.\u00a0<\/p>\n<hr data-start=\"871\" data-end=\"874\" \/>\n<h3 data-start=\"876\" data-end=\"919\"><strong data-start=\"880\" data-end=\"917\">3. Shop Around and Compare Offers<\/strong><\/h3>\n<p data-start=\"920\" data-end=\"1193\">\ud83d\udd39 <strong data-start=\"923\" data-end=\"942\">Don&#8217;t Settle:<\/strong> Always compare multiple offers. With the new OSFI changes, a &#8220;straight switch&#8221; can help you bypass the stress test and unlock more competitive rates.<br data-start=\"1026\" data-end=\"1029\" \/>\ud83d\udd39 <strong data-start=\"1032\" data-end=\"1047\">Focus on Your Needs:<\/strong> Look for offers that match your financial goals, whether that\u2019s a fixed rate for stability or a variable rate for potential savings.<\/p>\n<hr data-start=\"1195\" data-end=\"1198\" \/>\n<h3 data-start=\"1200\" data-end=\"1247\"><strong data-start=\"1204\" data-end=\"1245\">4. Get Pre-Approved Before Rates Rise<\/strong><\/h3>\n<p data-start=\"1248\" data-end=\"1533\">\ud83d\udd39 <strong data-start=\"1251\" data-end=\"1270\">Why It Matters:<\/strong> <strong data-start=\"1271\" data-end=\"1299\">Interest rates fluctuate<\/strong> based on the economy and government policies.<br data-start=\"1345\" data-end=\"1348\" \/>\ud83d\udd39 <strong data-start=\"1351\" data-end=\"1366\">What to Do:<\/strong> Secure a <strong data-start=\"1376\" data-end=\"1389\">rate hold<\/strong> or <strong data-start=\"1393\" data-end=\"1413\">get pre-approved<\/strong> to protect yourself before rates increase. A small rate hike could cost you <strong data-start=\"1490\" data-end=\"1512\">hundreds per month<\/strong> in extra payments.<\/p>\n<hr data-start=\"1535\" data-end=\"1538\" \/>\n<h3 data-start=\"1540\" data-end=\"1590\"><strong data-start=\"1544\" data-end=\"1588\">5. Negotiate for Better Terms<\/strong><\/h3>\n<p data-start=\"1591\" data-end=\"1855\">\ud83d\udd39 <strong data-start=\"1594\" data-end=\"1613\">Leverage Competing Offers:<\/strong> Use competitive quotes from different lenders to negotiate a lower rate with your current bank.<br data-start=\"1707\" data-end=\"1710\" \/>\ud83d\udd39 <strong data-start=\"1713\" data-end=\"1728\">Speak Up:<\/strong> Don\u2019t be afraid to ask for better terms. Remember, every percentage point saved can add up to significant long-term savings.\u00a0<\/p>\n<hr data-start=\"1857\" data-end=\"1860\" \/>\n<h3 data-start=\"1862\" data-end=\"1921\"><strong data-start=\"1866\" data-end=\"1919\">6. Review and Finalize<\/strong><\/h3>\n<p data-start=\"1922\" data-end=\"2173\">\ud83d\udd39 <strong data-start=\"1925\" data-end=\"1944\">Read the Fine Print:<\/strong> Make sure you understand all the terms and conditions before signing on the dotted line.<br data-start=\"2012\" data-end=\"2015\" \/>\ud83d\udd39 <strong data-start=\"2018\" data-end=\"2033\">Confirm Your\u00a0 Choice:<\/strong> Ensure that the rate you\u2019re locking in is the best option for your unique situation.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e4319ca elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"e4319ca\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d523bfb elementor-widget elementor-widget-heading\" data-id=\"d523bfb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Working with Effortless Mortgage<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a443382 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"a443382\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-pm-slice=\"1 1 []\">Mortgage renewal is not the time to get lazy and take the first offer you receive from your current lender. It is the time to shop, negotiate to get better deals and save.<\/p>\n<p data-pm-slice=\"1 1 []\">With the recent policy changes effective November 21, 2024, securing the best mortgage renewal rates has never been easier. The removal of the stress test for uninsured mortgage holders doing a straight switch allows you to explore competitive offers without extra hurdles. Whether you opt for a fixed or variable rate, the key is to start early, shop around, and negotiate for the best possible deal.<\/p>\n<p data-pm-slice=\"1 1 []\">At <strong>Effortless Mortgage<\/strong>, we take the guesswork out of renewing or <a href=\"https:\/\/www.effortlessmortgage.ca\/refinance-mortgage.php\">refinancing<\/a> your mortgage by providing <strong>expert guidance, competitive rates, and a hassle-free process<\/strong> tailored to your needs.<\/p>\n<p data-pm-slice=\"1 1 []\">Whether you want to lower your payments, consolidate debt, or access home equity, we can help. We have VIP relationships with over 60+ banks,\u00a0<a href=\"https:\/\/www.effortlessmortgage.ca\/b-lender-mortgage.php\" target=\"_blank\" rel=\"noopener\">b lenders<\/a>\u00a0and\u00a0<a href=\"https:\/\/www.effortlessmortgage.ca\/private-mortgage.php\" target=\"_blank\" rel=\"noopener\">private mortgage lenders<\/a>\u00a0including our own in-house private lender with $0 broker fee.<\/p>\n<p>\ud83d\udcf2 <strong>Call us at 1-888-978-4984<\/strong><br \/>\ud83d\udce9 <strong>Email <\/strong><a><strong>info@effortlessmortgage.ca<\/strong><\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f4cd270 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f4cd270\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-53a3e08\" data-id=\"53a3e08\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8602ad3 elementor-widget elementor-widget-image\" data-id=\"8602ad3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/calendly.com\/mortgage-advisors\/quick-chat?month=2022-07\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"364\" height=\"113\" src=\"https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2021\/07\/Book-a-15-Min-Call.png\" class=\"attachment-full size-full wp-image-806\" alt=\"Book-a-15-Min-Call\" srcset=\"https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2021\/07\/Book-a-15-Min-Call.png 364w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2021\/07\/Book-a-15-Min-Call-300x93.png 300w\" sizes=\"(max-width: 364px) 100vw, 364px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-13dd657 elementor-widget elementor-widget-image\" data-id=\"13dd657\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.effortlessmortgage.ca\/private-mortgage.php\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"200\" src=\"https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2022\/09\/private-mortgage-bad-credit-1024x256.png\" class=\"attachment-large size-large wp-image-1400\" alt=\"Private mortgage with bad credit\" srcset=\"https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2022\/09\/private-mortgage-bad-credit-1024x256.png 1024w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2022\/09\/private-mortgage-bad-credit-300x75.png 300w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2022\/09\/private-mortgage-bad-credit-768x192.png 768w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2022\/09\/private-mortgage-bad-credit-1536x384.png 1536w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2022\/09\/private-mortgage-bad-credit.png 1584w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>If you?re approaching your mortgage renewal, there?s never been a better time to explore your options. With recent policy changes at the end of 2024 that make switching lenders easier and a market offering competitive mortgage renewal rates, you can now secure a better deal on your mortgage renewal. In this guide, we?ll walk you [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2349,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43,45,53],"tags":[],"table_tags":[],"class_list":["post-2336","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mortgage-options","category-mortgage-refinance","category-mortgage-renewal"],"_links":{"self":[{"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/posts\/2336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/comments?post=2336"}],"version-history":[{"count":14,"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/posts\/2336\/revisions"}],"predecessor-version":[{"id":2354,"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/posts\/2336\/revisions\/2354"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/media\/2349"}],"wp:attachment":[{"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/media?parent=2336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/categories?post=2336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/tags?post=2336"},{"taxonomy":"table_tags","embeddable":true,"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/table_tags?post=2336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}