LEARN ABOUT REFINANCING
In today's world, Canadian have several reasons why they may want to refinance their mortgage.
For example, someone with bad credit might have been working at improving it and are now able to qualify for a new mortgage with a better rate. Another person may wish to change the type of rate that is currently on their mortgage, wishing to switch from a variable rate to a fixed-rate, or vice versa.
Refinancing your mortgage can also be a great option if you want to withdraw equity for consolidating debt, completing home renovations, investing, paying school expenses, and more.
Is refinancing your mortgage right for you?