1 in 10 mortgages stuck

The Flow: Real Estate and Money Show · Jun 19, 2026 · 13m

Some Canadian homeowners are about to hit a mortgage renewal problem they did not see coming.

They made their payments. They did nothing wrong. But their home value dropped.

And now, when their mortgage comes up for renewal, they may not have enough equity to refinance, switch lenders, or restructure their debt.

In this episode, I break down the difference between a renewal, a refinance, and a switch, because they are not the same thing. I also explain why some homeowners may be stuck taking whatever their current lender offers, even if the rate is not competitive.

We cover:

Why falling home…