Mortgage renewals are hitting hard, and for many homeowners, the stress is real—especially with rates doubling and carrying costs climbing. In this episode of The Real Estate Podcast, Ariel Kormendy and Adrian Trott break down what your bank’s renewal offer actually means, why you should never accept it at face value, and how to negotiate better terms. They also cover when it makes sense to shop around, how flexibility in your mortgage can matter more than the rate, and the hard truth about when selling may be the smarter financial move. This is a practical, no-nonsense guide for anyone facing a renewal in today’s market.

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0:00 Intro – Mortgage renewal stress explained

3:14 You can shop around without re-qualifying

6:27 Choosing the right mortgage product (not just the rate)

8:38 Fixed vs variable: lifestyle matters

10:52 When selling may be the smarter move

12:07 Long-term vs short-term real estate thinking

16:17 Outro/recap

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Want more real estate podcast discussions?

Watch it here: https://www.youtube.com/channel/UCh6ZhC8lV-eOUYLU_wfdN4g/

Listen to it here: https://open.spotify.com/show/1pwncyet9NydbgTmx5D21k

Catch clips and highlights of the show here: http://www.instagram.com/kormendytrott

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In 2011, Ariel Kormendy and Adrian Trott formed The Kormendy Trott Team, now often referred to as KT (thanks to our logo!). The

foundation of KT is built on providing unmatched value and attention to detail in everything we do. From our ever-expanding, comprehensive list of exclusive services to our expertly trained team, you will receive the highest level of care throughout your entire

real estate journey. Originally a team of two in Milton, Ontario, the KT Team has grown into a large team of exceptional REALTORS®, a client-care

department, and now includes KT Media, KT Commercial, and our sister company, Renti, allowing us to provide our clients with a complete lineup of genuine, professional, and proven services across Halton Region, Peel Region and the surrounding Regions within the Greater Toronto Area. We’d appreciate it if you’d subscribe and follow us for behind-the-scenes footage, real estate tips, industry secrets, exclusive listings, The Real Estate Podcast, and more!