A homeowner asks: Do I need to requalify when switching mortgage lenders?

theglobeandmail.com/investing/personal-finance/article-mortgage-lenders-real-estate-housing-rate-ratehub

Glenna from Edmonton asks: My mortgage term is coming up for renewal soon. Can I move to another bank with lower interest rates without requalifying? Also, the equity in my home is more than 20 per cent and I am wondering if the mortgage no longer needs to be insured.
Answer from…

This story appeared on theglobeandmail.com, 2025-11-20 23:52:41.
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