Renewal
5 costly mistakes at mortgage renewal in Quebec
Signing the first offer, ignoring the maturity date, forgetting the IRD penalty: the traps that quietly cost borrowers thousands at every renewal.
7-minute read
Blog · Category
Mortgage renewal
Everything to know before re-signing five years with your current lender.
Renewal
Amortization vs term in a Quebec mortgage: never mix them up again
The term is the length of your contract. The amortization is the length of time to pay off the principal. Here is what that changes at every renewal.
7-minute read
Renewal
Fixed vs variable in 2026: how to decide on your Quebec mortgage
The fixed vs variable debate comes back at every renewal. Here are the concrete parameters to look at — no magic formula, no rate promises.
7-minute read
Renewal
Mortgage rates in Quebec: why brokerage opens more doors than the bank alone
An AMF-licensed mortgage broker compares dozens of lenders — banks, credit unions, monolines, alternatives. Here is why that widens the rates available for your file.
7-minute read
Renewal
Understanding the IRD mortgage penalty in Quebec: why it can hit $15,000
The IRD penalty (interest rate differential) can turn a simple refinance into a five-figure bill. Here is how it is calculated and how to avoid it.
7-minute read
Renewal
Prepare your mortgage renewal in Quebec: the 6-month playbook
Six months before your renewal, the bank will send you a letter. Here is what to do before it lands — to stay in control of the negotiation.
7-minute read