426 – What If You Can't Renew Your Mortgage?

Mortgage rates are up, and real estate prices are down. What does this mean for you if you're renewing your mortgage? Can your bank decline your renewal and what are your options if they do? On today's podcast, Ted Michalos returns to give practical advice for how to approach your mortgage renewal in a rising rate environment, whether selling is a good option, and how to deal with unsecured debts if you're overwhelmed. Tune in for lots of tips!

Related Links:

Mortgage Challenges After Record Rate Hikes with Ron Butler: https://youtu.be/kJ9vyHA5pJw

Renewing Your Mortgage as Rates Change: https://www.hoyes.com/blog/get-ready-for-higher-interest-rates/

Can't Pay Your Mortgage? Options To Keep Your House: https://www.hoyes.com/blog/cant-pay-your-mortgage-options-to-keep-your-house/