Your 2026 Mortgage Game Plan: 5 Smart Moves to Start the Year Strong
🎯 Introduction
2026 is almost here — and if you’re a homeowner or future buyer in Ontario, now’s the time to set your financial plan in motion.
Interest rates are stabilizing, the housing market is rebalancing, and smart planning could help you save thousands next year.
Here are 5 strategic moves to kickstart your 2026 mortgage game plan.
1️⃣ Review Your Mortgage Renewal Timeline
If your mortgage renews in 2026 or early 2027, start your review now.
Most lenders let you lock in a new rate up to 120 days early — giving you a head start if rates rise again.
Pro tip: Brokers can “float down” your rate if it drops before closing, protecting you both ways.
2️⃣ Check Your Debt Ratios and Credit Health
Your credit score and TDS/GDS ratios affect everything from rate eligibility to approval size.
Before 2026:
- Pay down revolving credit below 30% of limits
- Avoid new car loans or credit inquiries
- Pull your credit report to spot errors
Strong credit = stronger approval options when refinancing or upgrading next year.
3️⃣ Reassess Your Home Equity
If your home value rose in 2025, you may have untapped equity to use for renovations, investments, or debt consolidation.
Ask your broker for a free home equity review to see how much borrowing power you’ve built up.
Example: $900K home with $600K mortgage = $120K accessible equity (at 80% LTV).
4️⃣ Consider a Hybrid or Short-Term Mortgage
With rates near the bottom of the cycle, flexibility matters.
Hybrid and 2–3-year terms give you a balance of stability and adaptability — perfect for a market that may shift again in 2027.
5️⃣ Set a Monthly “Wealth Payment”
Even $100 extra toward your principal every month can take years off your mortgage.
Make it part of your 2026 resolution — treat it like a gym membership for your financial health.
Final Word
2026 isn’t about reacting to the market — it’s about preparing ahead of it.
A strong mortgage plan today sets you up for freedom, flexibility, and wealth tomorrow.
📞 Ready to build your 2026 game plan?
Call (437) 961-0004 or Apply Now.
