06/18/2026
Stop treating 'wait and see' like a strategy; it’s actually a gamble with your monthly budget. CMHC’s 2026 Mortgage Consumer Survey found 35% of renewing owners felt increased financial pressure from rate changes, with an average monthly payment increase of $375. This is a reality that requires active planning, not passive observation.
My position as your real estate Advisor in Waterloo Region: if you’re renewing in the next 6–18 months, you should be modelling outcomes now: payment, amortization, and equity impact: before the renewal letter shows up.
I’m also pushing clients to challenge the default “5-year fixed = safest” thinking. In a shifting rate environment, a shorter-term fixed can be the smarter risk-management move when it aligns with your timeline and cash flow.
Kim Louie, Real Estate Broker partnered with Coldwell Banker Peter Benninger Realty | Your Waterloo Region Real Estate Resource
📲 519.573.0837
📧 [email protected]
💻 www.kimlouie.net
*** Not intended to solicit clients under contract. Content is for informational purposes and not guaranteed nor warrantied ***