Learn About Refinancing

We are benefiting from one of the best mortgage environments in history. Take a look at the interest rates on mortgages these days. Now look at what youre paying on your credit cards and other debts.

If you have equity in your home, there is no reason to be holding onto large amounts of high interest debt. The right refinancing package can help put an end to the monthly squeeze of too much credit card debt and too many loans.

You can actually pay down your debt load faster by pooling together your credit cards, car loans, or any other high-interest debt and rolling everything into a new or existing mortgage. This can be a great money-saving strategy.

The benefits of pooling your debt are immediate and long lasting:

  Fewer payments

Improved cash flow 

  A brighter credit picture

  Saving on overall interest costs

By refinancing now and paying off high-interest debt, such as credit cards, you can put yourself and your family in a better financial position. I can assess your situation if you are worried about penalties associated with breaking your current mortgage. The savings each month often far outweigh any penalties. Please call or email today 905-714-1909 or iarmstrong@dominionlending.ca