Refinance or renew? How to choose when mortgage renewal creates sticker shock

MONTREAL - Many Canadian homeowners are facing sticker shock with their monthly payments as their mortgage comes up for renewal, leaving them with a crucial choice: whether to renew or refinance their home loan.
Categories
Recent Posts

Could they create a cosy, colourful home from the shabby semi they bought?

Jason Miles' addiction cost $260,000 in emergency room, shelter and jail stays. A Toronto hospital’s radical solution: just give him a home
B.C. industry hopes to create a model for modular housing across Canada
Regent Park condo lands buyer after steady price cuts
Housing advocates protest Vancouver’s densification plan, the Home of the Week and more top real estate stories
Seven offers for Don Valley condo collapse before one finally sticks
Open-concept Port Moody penthouse with view of Burrard Inlet sells over asking

Toronto area home prices have now fallen 20% from market peak — but sales are starting to pick up

Toronto home sales rose 8.5% in September as prices decline
Home of the Week: A heritage Rosedale site gets a condo makeover

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "