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Most homeowners haven’t made a single move this year.

Not because they’re lazy —

but because they’re not sure what to do.

And in this market… doing nothing is still a decision.

Over the past few weeks, we’ve seen big changes in rate outlooks.

The conflict in Iran has pushed oil prices higher — which flows directly into inflation and bond yields.

And that’s already started to push fixed mortgage rates up again, and moved future Bank of Canada expectations from hold or cut, to increases in the next 12 months.

Not a massive move — but a reminder how quickly things can change. 

👉I break this down weekly on my instagram channel, this weeks summary is linked below.

And over the last couple of years, everything has shifted:

• Rates have moved fast
• Payments increased (or will at renewal)
• Cost of living is tighter across the board

But the biggest issue I’m seeing?

People are still treating their mortgage like a “set it and forget it” product.

Here’s the disconnect.

You review your investments.

You adjust your budget.

You make changes in your business or career when things shift.

But your largest debt?

It just sits there… untouched.

If you zoom out, most homeowners fall into one of three paths right now:

1. Do nothing

Wait for the renewal letter

Accept whatever comes

Hope things improve

👉 This is the default… and usually the most expensive option

2. React later

Wait until payments increase or pressure builds

Then try to fix things quickly

👉 This limits your options

3. Get proactive

Review your structure early

Understand your options

Make adjustments based on your goals

👉 This is where you create flexibility and control

So what does being proactive actually look like right now?

It depends on your timeline:

If your mortgage is renewing in the next 4–5 months

Start protecting yourself now.

Get a rate hold in place with a new lender for your next move.

• It locks in today’s rates as a backup
• Gives you flexibility if things improve
• Avoids being forced into a last-minute decision

You’re not committing — you’re creating options.

If you’re renewing in the next 6–13 months

This is where most people wait… and miss the window.

You can still take action early:

• Lock in a rate ahead of time (you’ll have to switch lenders to do this)
• Start mapping out your next move now

And in some cases, look at a blend and extend

• Keep your current rate in place
• Blend it with today’s rates to tack on a few years
• You end up pushing your maturity out a few more years

This isn’t just about today’s rate —

it’s about avoiding a worse environment later.

If you haven’t reviewed your mortgage strategy recently

This is the one most people overlook.

If you’re:

• Carrying higher-interest debt
• Feeling tight month-to-month
• Sitting on equity you’re not using, or need access to
• Or just unsure how your mortgage fits into your bigger picture

This is where a strategy review matters most.

Because there may be opportunities to:

• Consolidate debt
• Improve monthly cash flow
• Access equity for flexibility
• Restructure how your mortgage is set up

And timing matters.

This window might not be here later.

Most people fall into one of these buckets and don’t realize they actually have options.

If you’re not sure where you fit — or want to map out a plan —

I’m happy to walk through it with you.

Just reply with review and I’ll point you in the right direction.

Are you planning ahead — or waiting for your renewal letter?

By the time most people react, their options are already limited. What I’m seeing right now is a gap between what’s happening in the market… and when homeowners actually take action.

If you want to get ahead of that and make decisions with clarity, I can help you map it out.