A lot of people tend to 'set and forget' our mortgages, and just coast along without really paying much attention to how changes to rates might be opening up new opportunities to save a bit of money. Easy to overlook the significant difference that even a fraction of a percentage change can make on a mortgage worth several hundreds of thousands of dollars - but absolutely worth doing if you haven't given it any thought in a while!

Likewise, if you're looking to renovate but don't have the funds, refinancing could be a smart way to pay for it...