The main reason Canadian homeowners refinance

Home/Blog/The main reason Canadian homeowners refinance
  • Advertiser Disclosure

    You’re our first priority.
    Every time.

    We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free.

    So how do we make money? Our partners compensate us. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services.

  • The main reason Canadian homeowners refinance
    The main reason Canadian homeowners refinance

    The main reason that 15% of Canadian homeowners refinanced their homes was to consolidate debt. That’s according to the CMHC Mortgage Consumer Survey which shows that debt consolidation outranked home improvements and that one third of refinancers say that their debt, including their mortgage, is higher than expected. That […]

    Go to Top