When the Bank of Canada raises their interest rate it affects things like variable rate mortgages, lines of credit, and credit cards. If you are carrying consumer debt on a line of credit or credit card it may make sense for you to refinance your mortgage to pay off your high interest debt. This can potentially save you thousands plus free up more cash each month. Contact me @ 647.453.7969 for a free consultation. Commercial First time Home Buyer / New to Canada / Rent to Own Program Mortgage Renewal / Refinancing Home Equity Line of Credit Debt Consolidation Second Mortgage Mortgage PreApproval Bad / Low Credit Self Employed Construction Loan, personal Mortgages, 1st, or 2nd Mortgage. Home equity loans. Business loans, small business franchises, etc. #Toronto Real Estate Group #Mortgage #Refinance #Renewal# #Debt #SecondMortgage #PreApproval #BadCredit #MortgageAgent #GTA #Scarborough #NorthYork #Toronto #MortgageAlliance #WhyUseABroker #Scarborough #Ajax #Oshawa #Pickering #Whitby#dreamhome #home #firsttimehomebuyers #firsttime #obstacles #homebuyers #homes #house #newhome #secondmortgage LIC# M12000954 AKAL Mortgages - FSCO Lic. # 10845 Independently owned and operated