No. You should contact us up to 120 days before your mortgage matures so we can secure you the best rate available at that time. Doing this will protect you from any increases before your renewal date. You will also benefit from decreases should they occur. Most lenders send out their mortgage renewal notices only a month prior to renewal, offering existing clients their posted interest rates, which are usually not the best. We will explore all of your options and find the best solution to suit your needs.