CMHC projects 1.15 million mortgages renewing in 2026 and another 940,000 in 2027, a renewal wave driven by the upsurge of pandemic-era originations written when five-year fixed rates sat below 2 per cent. Those contracts are maturing into a market quoting 4 to 5 per cent. RenewalRate.ca exists to translate that spread into real payment numbers, to map the choices a homeowner has inside the 120-day window before signing, and to flag the questions most lenders do not volunteer.
Ratehub, Rates.ca, and the bank-owned comparison sites cover the posted rates well enough. RenewalRate.ca is being built for the layer above that. A payment calculator that returns dollar figures rather than basis points. Scenario guides for the complicated files, including retirement income, denied renewals, and collateral-charge switches. Lender-by-lender timelines that show when, in the ninety days before maturity, each major institution actually puts its best rate on the table, because the timing is rarely when they volunteer it.
An interactive calculator that converts your current rate, balance, and remaining amortization into a clear monthly dollar figure. Canadian semi-annual compounding math. No signup, no data saved. Built for decisions, not lead generation. Try it
Live rate-comparison table from Big Six banks, monolines, and credit unions. Filter by term, rate type, lender type, credit profile. Same data the licensed broker channels are pricing off, embedded directly. See live rates
The three-way comparison most calculators skip. Lifetime interest differences, amortization impact, and the real cost of rolling penalties into principal.
Renewal denied at A-lender. Credit event since last term. Collateral-charge portability between two banks. Pensioners renewing without T4 income. These are the files where the comparison-site playbook runs out, and the ones where an extra twenty minutes of reading changes the outcome most.
When each of the Big Six and the major credit unions actually initiates renewal contact, and why that window is rarely when the best rate is on the table.
Want a real number on your renewal in fifteen minutes?
Your existing lender will quote one rate. Thirty-plus other Canadian lenders are pricing the same file every day. The live rate table on RenewalRate.ca is the same data the licensed broker channels at Homewise (FSRA #12984) are funding mortgages off this week. Free to view, no signup. Click through on any rate row to apply with their licensed brokerage.
See live rates from thirty-plus lenders →Rates table embedded from Homewise Solutions Inc. (FSRA-licensed brokerage, licence #12984). RenewalRate.ca earns a commission only if a reader's mortgage ultimately funds through Homewise; this does not change the rate or fees offered to you. Editorial coverage is not influenced by partner relationships.
The list is used for one thing: an email when a new tool goes live, when a new guide is published, or when something material shifts in the Canadian rate picture, such as a surprise Bank of Canada decision or an OSFI rule update. No drip sequences. No partner broadcasts. The list is never shared with anyone outside O.MS.H Media Inc.