Navigating Mortgage Renewals in 2025: Should You Downsize, Relocate, or Rent Out Your Home?
As mortgage renewal season approaches, many Canadian homeowners are facing critical financial decisions. With the Bank of Canada recently reducing its overnight lending rate to 2.75%, this shift presents new opportunities for those renewing their mortgages to secure better terms and optimize their financial situation. However, with ongoing economic uncertainty, rising living costs, and evolving […]