MORTGAGE RENEWAL 2025: A MAJOR CHALLENGE, BUT SOLUTIONS EXIST

Mortgage renewal in 2025 presents a significant challenge for many Quebec homeowners. With interest rates rising to 4%–5%, compared to historically low rates of 1.5%–2% during the pandemic, many households are seeing their monthly payments skyrocket.

📍 A Direct Financial Impact

For example, Geneviève Gagnon from Laval now faces an increase of $600 per month after renewing her mortgage. In Montreal, Émilie Folie-Boivin anticipates a $500 increase and is already looking for ways to adjust her budget. These cases are not isolated—according to the Canada Mortgage and Housing Corporation (CMHC), approximately 1.2 million Canadians will need to renew their mortgages in 2025.

📊 Solutions to Ease Financial Pressure

Fortunately, there are alternatives to help manage the financial burden:

✔ Renegotiate your loan to secure a better rate tailored to your situation.

✔ Extend the amortization period to lower monthly payments.

✔ Consider selling to buy a more affordable home suited to your budget.

🤝 Why Work with Experts?

At Équipe Loiselle, we support our clients through this transition by providing personalized strategies to help maintain financial stability and protect their real estate investments. Our team has already helped hundreds of families navigate these challenges successfully.

💡 Is Your Mortgage Up for Renewal in 2025?

📞 Contact us today for a personalized consultation and find the right solution for you.

🔗 Read more here: Interest rate cut: A unique opportunity to invest in real estate?

The rise in interest rates is a challenge, but you are not alone. Trust Équipe Loiselle to guide you toward a tailored solution and secure your real estate futu