What’s the best way to refinance my mortgage in Canada when interest rates are so high?

It’s generally a good idea to shop around and compare offers from multiple lenders when refinancing your mortgage. This will help you find the best deal and save you money over the life of your loan.

It’s also important to consider the fees and closing costs associated with refinancing, as these can add up and affect your overall savings.

You may want to consider a longer loan term to lower your monthly payments, but keep in mind that this will also increase the amount of interest you pay over the life of the loan.

Additionally, it’s always a good idea to talk to a financial advisor or mortgage broker who can help you understand your options and choose the best solution for your situation.