Many individuals simply sign their existing lender's mortgage renewal form without trying to get a good deal on the new mortgage. (syndicatemortgages.com)
But be prepared for mortgage renewal shock because your next renewal will likely involve a higher mortgage payment. (squawkfox.com)
This means that you need to be tracking your own mortgage term timeframe and know when it is time to start shopping for a good mortgage renewal rate. (dominionlending.ca)