When your mortgage term ends, it’s the perfect opportunity to reassess your financial goals and secure a better rate. Whether you live in Edmonton, Calgary, St. Albert, Sherwood Park, Airdrie, or Red Deer, learning how to negotiate your mortgage renewal can help you save thousands over time. Aerial view of downtown Edmonton, Alberta, where many homeowners review their mortgage renewal options to secure better rates. Below are five practical mortgage renewal negotiation tips  

Why Consider Switching? When your mortgage comes up for renewal, you’re not obligated to stay with your current lender. Many homeowners in Calgary, Edmonton, Red Deer, Leduc, Airdrie, Sherwood Park, and St. Albert  explore switching lenders to take advantage of better rates, flexible terms, or improved customer service. Calgary’s vibrant downtown skyline, a hub for Alberta homeowners exploring mortgage renewal and refinancing options. Switching lenders at renewal can open doo