Canadians today face many reasons to refinance their mortgage.
For example, you may have been working at improving your credit score and now qualify for a new mortgage with a better discount, or you may want to stabilize your payments by changing from a variable rate mortgage to a fixed-rate.
Refinancing is also a great option to pull out equity for consolidating debt, home improvements, investments, college expenses, and more. Especially in todays world, COVID has affected us all one way or another. Lets get on top of your finances by using the equity your have already paid for?!