MCAP Blog

Mortgage renewals are a timely subject right now. With roughly 60% of all outstanding mortgages in Canada expected to renew in 2025 or 2026, many homeowners will have questions about their upcoming renewal. We spoke with some of the MCAP Renewal Account Managers to discuss common challenges, questions, and tips they had regarding mortgage renewals in the current market.

Eleni recently joined the Development Finance Group (DFG) as an Analyst after graduating from the University of Calgary with her Bachelor of Commerce with an interest in Real Estate. The recipient of the JLL Women in Real Estate Award 2024 – 2025, she joins the MCAP DFG team ready to learn and contribute fresh insights.

As the Associate Director of Compliance and Risk Management for MCAP, Steven Edwards’ role plays an integral part in the success and security of Canada’s largest independent Mortgage Finance Company. Whether he’s leading and managing staff, providing support to MCAP personnel relating to our Code of Business Conduct, or leading the implementation and management of risk oversight initiatives, Steven plays a key role in protecting MCAP’s reputation and driving sustainable growth by ensuring compliance requirements are met by applying practical business solutions.

We’re supporting the project with a CMHC-insured first mortgage to facilitate the construction financing of Harris Green Village under CMHC’s MLI Select Program. This program rewards projects that prioritize affordability, accessibility, and energy efficiency — all values that are central to this development.

For many first-time buyers, breaking into the housing market can feel overwhelming. Rising home prices, high interest rates, and strict lending requirements can make homeownership feel out of reach. But an alternative path is starting to gain traction: co-buying a property with family, friends or in some cases, even like-minded strangers.