As a Canadian homeowner, your mortgage plays a significant role in your financial journey. If your mortgage is insured and nearing maturity, you have a valuable opportunity to reassess your financial strategy and potentially secure more favorable terms.

For many Canadians, the initial excitement of purchasing a home is followed by the inevitable process of mortgage renewal. As your mortgage term nears its end, understanding the renewal process is crucial for making informed decisions about your financial future. In this blog post, we'll explore the key aspects of the mortgage renewal process and offer tips to ensure a smooth transition.