The Mortgage Renewal Strategy Banks Don’t Explain

The Mortgage Renewal Strategy Banks Don’t Explain

Your mortgage is renewing, and it’s not going to feel like it did five years ago.

If you locked in a 1.39% -- 1.49% mortgage, your renewal could mean a $800–$1,000 jump in monthly payments. In this episode of Make Money Count, Marcus and Justin break down how mortgage renewals really work in today’s high-rate market, and how to optimize your decision instead of blindly accepting the bank’s offer.

In this episode, we cover:
  • What mortgage renewals look like in 2026
  • Real renewal numbers (before vs after rates)
  • How re-amortizing can lower monthly payments
  • Fixed vs variable: what actually makes sense right now
  • Why 75% of Canadians break their mortgage early
  • The hidden penalties banks don’t explain
  • How economic signals, inflation, and the Bank of Canada influence mortgage rates

Mortgage renewal isn’t paperwork. It’s a financial strategy decision that can quietly cost, or save, you tens of thousands of dollars.

🎧 Listen to the full episode to learn how to renew smarter, not more expensive. Drop your renewal questions in the comments; we read them all.

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Episoder(100)

The Real Estate Opportunity Canadians Are Too Scared To Take

The Real Estate Opportunity Canadians Are Too Scared To Take

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Inflation Is Rising. Rates Aren't Dropping. What’s Next?

Inflation Is Rising. Rates Aren't Dropping. What’s Next?

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6 Jun 18min

Don't Trust Your Bank. Here Is The Smarter Mortgage Move.

Don't Trust Your Bank. Here Is The Smarter Mortgage Move.

Is your bank quietly working against you? In this episode of Make Money Count, Marcus and Justin get into the mortgage conversation most Canadians never get to have. With bond yields climbing and fixe...

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Canada's Inflation Is Out of Control & Your Mortgage Is Next

Canada's Inflation Is Out of Control & Your Mortgage Is Next

Is your mortgage renewal about to get a lot more expensive? In this episode of Make Money Count, Marcus and Justin dig into Canada's April CPI numbers and why the story behind the data is one every Ca...

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They Lost 2 Months of Jobs Data. Here's What It Could Mean for Your Mortgage.

They Lost 2 Months of Jobs Data. Here's What It Could Mean for Your Mortgage.

Is the jobs report even real anymore? In this episode of Make Money Count, Marcus and JT sit down to talk about something that's been quietly building behind the scenes, and the cracks are getting har...

7 Mai 7min

Why The Nacho Trade Is Running Canada's Economy

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Is Canada's economy quietly cornered? In this episode of Make Money Count, Marcus and Justin sit down to talk about something that's been building for a while now, and the numbers are getting harder t...

6 Mai 10min

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Is Canada actually in as much trouble as everyone's saying? The Bank of Canada just revealed something they’ve been quietly doing for 23 years and most Canadians have absolutely no idea. In this episo...

9 Apr 18min

Is The Bank of Canada Just a Fancy Pawn Shop?

Is The Bank of Canada Just a Fancy Pawn Shop?

Is your variable rate mortgage actually safe? The Bank of Canada just made a move that every Canadian homeowner needs to know about and most people have no idea it's even happening.   In this episode ...

22 Mar 12min

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