Your bank just mailed you a mortgage renewal letter — and signing it without advice could cost you thousands. This week, Waterloo mortgage broker Stephen Green explains why banks are pushing borrowers to sign on the dotted line with no guidance, and what to do instead. He also digs into the numbers shaping the Canadian market right now.

On this episode:

• Behind the June jobs report — seasonal youth hiring vs. 17,000 lost manufacturing jobs
• The housing market shift: 4 months of inventory and room to negotiate again
• Why RBC Economics says affordability is the best it's been in years
• What the Bank of Canada actually considers before moving rates
• Why Kitchener-Waterloo and London are at the centre of Ontario's job losses
• The renewal letter warning every Canadian homeowner needs to hear

Key takeaway: This is a market that rewards being informed and reasonable. Whether you're renewing, buying your first home, or just watching rates — know the numbers before you act.

If you enjoyed the episode, follow the show and leave a 5-star review — it genuinely helps. Got a renewal coming up? Reach out before you sign.

🌐 Website: thefinancialcollective.ca
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Stephen Green, Mortgage Broker — The Financial Collective | Better Mortgage Choice, FSRA Lic. #13496. For information only; not financial advice or a rate guarantee.