When Should I Start Considering Mortgage Renewals?

Start exploring mortgage renewal options several months before your current mortgage term expires to allow ample time for research and negotiation. Beginning the process early gives you sufficient time to assess your options, gather necessary documentation, and engage in meaningful discussions with lenders. Starting early also allows you to take advantage of favourable market conditions and secure advantageous terms before your mortgage ends. By planning, you can confidently navigate the mortgage renewal process and make informed decisions supporting your financial goals.