The biggest "hazard" on the road for homeowners in 2026 isn't a drop in home value—it’s the Renewal Shock. Many of you are coming off 1.9% fixed rates from five years ago and staring down a new reality of 4.04% to 4.49%.
This is where "preventative policing" comes into play for your finances. You have three main options:
The Pivot: Moving your equity into a semi-detached or townhouse to lower your overall debt.
The Variable Play: With the Bank of Canada holding steady at 2.25%, variable rates are actually outperforming fixed for the first time in years.
The Budget Audit: Re-evaluating your amortization to keep monthly payments manageable.
Don't wait until thirty days before your renewal to act. Let’s sit down and do a "Tactical Review" of your equity today so you aren't caught off guard when the bank calls.
Derek Thistle Top 1% REMAX INNOVATIONS 587.579.4310 derek@derekthistle.com
Mortgage renewal Calgary 2026, Alberta mortgage rates, fixed vs variable 2026
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