Pros and Cons of Refinancing Your Mortgage to Get Out of Debt

Mortgage refinancing is a popular way to get out of debt, but is it the right option for you? During the ongoing COVID-19 pandemic, you may be looking for ways to reduce your debt load. If you own a home, you can use available equity to pay...

Posted June 17, 2020 | by admin |in Blog, Debt Help, Debt Management, DebtCare, DebtCare Canada, Get Out of Debt, Mortgage Financing, Mortgage Refinance, Mortgage Refinancing, Refinance My Mortgage

Pros and Cons of Refinancing Your Mortgage Before Renewal When in a 5-Year Term

Refinancing your mortgage can be a great way to consolidate debt and ease your financial standing, but there is one important consideration to make: the timing. If you’re thinking of refinancing your mortgage before your five-year term comes...

Posted October 10, 2018 | by admin |in Blog, Canadian Mortgage Interest Rates, Mortgage Interest Rates, Mortgage Refinance, New Mortgage Rules