Check your mortgage renewal offer before you sign.
Enter your lender's offer. FairRate gives you a free fairness snapshot, then you can unlock a plain-English report with the exact questions and scripts to use before replying.
What the paid reports add
FairRate is an independent information tool. Not a mortgage broker, lender, or financial advisor. Rate benchmarks are from Bank of Canada published data — for informational purposes only. Not financial advice. Consult a licensed mortgage professional before making any mortgage decision.
Sample Mortgage Renewal Report
Illustrative sample only — CA$450,000 mortgage, 5-year fixed, renewal offer at 4.89%
Your offer appears above the comparable benchmark range. This may be worth discussing with your lender before signing.
+55 basis points above sample benchmark · 100 basis points = 1 percentage point
Sample data — not current BoC rates. Your actual report uses live Bank of Canada data.
Sample only. Your actual report uses live Bank of Canada data and your specific balance, quoted rate, term, rate type, province, and amortization.