Roughly half of mortgage holders have yet to face higher rates. How to start preparing now (and the one thing you should never do)

Renewing into a higher payment is the single most common mortgage shock I see. Toronto Star called for the broker view, and what I told them I tell every client: start the renewal conversation 4-6 months out, not 30 days out. Your existing bank is one option. The rest of the market is the leverage.