There can be so many benefits to refinancing your existing mortgage. If you have debt but are worried about your mortgage balance increasing you can take comfort knowing that you would be borrowing at a much lower rate than your credit card, loan or unsecured line of credit.

Remortgaging can help you relieve a ton of pressure and stress. Consolidating your monthly payment obligations in one single payment or even two can have a big impact on your mental state. Life can be busy and that means having to juggle many things like work, family, and even friends. When you add all those things into the mix with your financial woe’s things can start to weigh down on you.