Latest / The Flow: Real Estate and Money Show
OSFI Is Warning of a Payment Shock. Are You Ready? -E95
Are you ready for your mortgage renewal? With up to 60% of Canadian mortgages renewing by the end of 2026, many homeowners are facing payment increases of up to 40%. This episode breaks down the renewal crisis, exploring the risks and outlining concrete strategies to navigate the changing market. Host Alex McFadyen dives deep into the pros and cons of fixed, variable, and hybrid loans, and shares insider tips on how to negotiate with your bank, decide between refinancing or switching lenders, and ultimately turn this financial challenge into a strategic advantage. Learn what you need to do…
The skinny
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