A Lot of Canadians Are About to Feel Mortgage Renewal Pressure — Here’s Why

Wednesday May 27th, 2026

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Mortgage Shock for 60% of Canadians

If you bought a home or renewed your mortgage during the ultra-low interest rate years of 2020 or 2021, there’s a good chance your next renewal could look very different from your last one. And honestly… a lot of homeowners are starting to feel nervous about it. Over the next couple of years, millions of Canadians will be renewing their mortgages into much higher interest rates than they’ve been used to. For some people, the increase might be manageable. For others, it... [read more]

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