Often a lender will attempt to charge a renewal fee or tempt you to renew without a fee if you sign within a certain 'time offer' at their posted rates. Please keep it mind that if you use a mortgage broker it is very, very rare for you to ever pay a renewal fee. For all conventional residential mortgages there will not be a fee because the mortgage broker will shop the market for you and find a lender that doesn't charge a fee AND will beat your current lender's mortgage renewal rate!