Renewal resource hub
Canadian Mortgage Renewal Scenarios
Use this directory to find the FairRate page closest to the renewal question in front of you. These pages are educational context, not mortgage advice, lender quotes, or guarantees that another rate is available.
FairRate's benchmark-backed checker currently supports Canadian 3-year fixed and 5-year fixed renewal offers. Start with the written offer, compare like with like, and review payment, amortization, penalties, fees, product restrictions, deadlines, and switching costs before deciding.
Before you accept a renewal offer
Should I stay with my current lender at renewal?Open guide →Is my mortgage renewal quote too high?Open guide →How to compare a Canadian mortgage renewal quoteOpen guide →Mortgage renewal checklist before signingOpen guide →Early mortgage renewal offer from a bankOpen guide →Mortgage quote auditOpen guide →Should I accept my mortgage renewal offer?Open guide →
Switching, appraisal, and product questions
Switching lenders around 80% loan-to-valueOpen guide →What if the appraisal is low at renewal?Open guide →Getting a broker quote before renewalOpen guide →HELOC converted to mortgage at renewalOpen guide →3-year vs 5-year fixed mortgage renewalOpen guide →Variable-rate renewal contextOpen guide →5-year fixed renewal contextOpen guide →
Negotiation and payment context
Mortgage renewal rate-spread contextOpen guide →Mortgage renewal negotiation scriptOpen guide →Can my bank lower my renewal rate if I ask?Open guide →How to check a renewal rate before signingOpen guide →Should I renew now or wait?Open guide →Mortgage renewal payment-change contextOpen guide →RBC 3-year fixed renewal offer contextOpen guide →
Province and research resources
Alberta mortgage renewal contextOpen guide →British Columbia mortgage renewal contextOpen guide →Ontario mortgage renewal contextOpen guide →RBC 3.99% 3-year renewal contextOpen guide →Canadian mortgage renewal fairness report — June 2026Open guide →Check whether a mortgage renewal offer looks fairOpen guide →