{"id":14,"date":"2026-09-10T15:00:00","date_gmt":"2026-09-10T15:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/mannmortgages-com\/2026\/09\/10\/most-mortgage-renewers-report-higher-rates\/"},"modified":"2026-09-10T15:00:00","modified_gmt":"2026-09-10T15:00:00","slug":"most-mortgage-renewers-report-higher-rates","status":"publish","type":"post","link":"https:\/\/www.mannmortgages.com\/blog\/2026\/09\/10\/most-mortgage-renewers-report-higher-rates\/","title":{"rendered":"Most Mortgage Renewers Report Higher Rates"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\"\n                src=\"https:\/\/www.roomvu.com\/agent\/embed\/paul-mann-4\/mortgage-renewal-rates-remotion-videos-764d\"\n                frameborder=\"0\"\n                allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\"\n                allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>Many Canadians renewing their mortgages since early Q1 2025 are feeling the pressure of higher borrowing costs. In fact, 82% of renewers saw their rates increase, while just 13% managed to secure a lower rate. For nearly half of these homeowners, mortgage payments now consume at least half of their monthly household budget. Some are allocating 50% to 70% of their budget to their mortgage, and 5% are spending even more than that. When it comes to fixed-rate renewals, the 5-year term remains the top choice at 40%, with 3-year terms close behind at 35%. Younger homeowners are especially impacted\u2014among those aged 18 to 34 whose rates changed, 90% renewed at a higher rate. As someone who\u2019s helped clients navigate renewals, refinances, and even complex lending scenarios across BC and Alberta, I see firsthand how the right strategy can make a difference. Whether you\u2019re considering your options with a first mortgage, exploring private lending, or just want clarity in a shifting landscape, remember: securing a mortgage solution tailored to your circumstances can help ease the strain.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Many Canadians renewing their mortgages since early Q1 2025 are feeling the pressure of higher borrowing costs. In fact, 82% of renewers saw their rates increase, while just 13% managed to secure a lower rate. For nearly half of these homeowners, mortgage payments now consume at least half of their monthly household budget. Some are [&hellip;]<\/p>\n","protected":false},"author":243,"featured_media":42,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.mannmortgages.com\/blog\/wp-json\/wp\/v2\/posts\/14","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mannmortgages.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mannmortgages.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mannmortgages.com\/blog\/wp-json\/wp\/v2\/users\/243"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mannmortgages.com\/blog\/wp-json\/wp\/v2\/comments?post=14"}],"version-history":[{"count":0,"href":"https:\/\/www.mannmortgages.com\/blog\/wp-json\/wp\/v2\/posts\/14\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mannmortgages.com\/blog\/wp-json\/wp\/v2\/media\/42"}],"wp:attachment":[{"href":"https:\/\/www.mannmortgages.com\/blog\/wp-json\/wp\/v2\/media?parent=14"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mannmortgages.com\/blog\/wp-json\/wp\/v2\/categories?post=14"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mannmortgages.com\/blog\/wp-json\/wp\/v2\/tags?post=14"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}