Refinancing Your Mortgage in 2025
Refinancing your mortgage can be a smart financial move for many reasons, and as your trusted mortgage advisor, I’ve seen how much it can benefit homeowners! Ideally, refinancing is done at the end of your mortgage term to avoid penalties, but the timing can vary depending on your goals. For some, it’s about unlocking the equity in their home to fund renovations or cover big expenses like college tuition. For others, it’s an opportunity to consolidate debt, lower their interest rate, or change up their mortgage product. Let’s take a closer look at some of the ways refinancing your mortgage can help! PLUS! Some latest changes by the Government of Canada will make it even easier for you when it comes to your renewal and refinancing options: No matter your plans or situation, please don’t hesitate to reach out to a DLC Mortgage Expert!