{"id":57287,"date":"2023-07-31T18:46:29","date_gmt":"2023-07-31T18:46:29","guid":{"rendered":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/"},"modified":"2026-02-02T16:14:02","modified_gmt":"2026-02-02T21:14:02","slug":"refinancing-and-downsizing","status":"publish","type":"rbc_my_money_matter","link":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/","title":{"rendered":"Refinancing and Downsizing"},"content":{"rendered":"\n<section class=\"wp-block-rbc-section-block  pos-rel pad-b-0 pad-t-0\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 pad-b-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-content-justification-left is-layout-constrained wp-container-core-group-is-layout-6ba379fd wp-block-group-is-layout-constrained\">\n<p class=\"h3\">Thinking about refinancing or downsizing your home? Explore tips to help you make the right move<\/p>\n<\/div>\n<\/div>\n<\/section>\n\n\n\t\n\t<div class=\"wp-block-tk-spacer id-6d4ee28d-4375-4b06-adcf-22b5fd7e9906\" aria-hidden=\"true\"><\/div>\n\t\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel pad-t-0 pad-b-0\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 pad-b-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-columns  mar-b-0 is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column mar-r mob-mar-r-0 mob-mar-b-dbl is-layout-flow wp-block-column-is-layout-flow\">\n<article id=\"post-57841\" class=\"loop-post featured-vertical mob-pad-b-dbl post-57841 rbc_my_money_matter type-rbc_my_money_matter status-publish has-post-thumbnail hentry tag-home-ownership tag-real-estate rbc_content_type-article rbc_audience-seniors rbc_lob_group-mortgage rbc_difficulty_level-beginner rbc_mmm_category-buying-a-home rbc_mmm_category-buying-your-next-home rbc_mmm_category-goals-aspirations rbc_mmm_category-refinancing-and-downsizing\">\n\t<div class=\"col-wpr mar-b-0\">\n\t\t\t\t\t<div class=\"col-md-12 mar-b mob-mar-b-dbl\">\n\t\t\t\t<div \n\t\t\t\t\trole=\"img\"\n\t\t\t\t\taria-label=\"Senior couple sitting down after the move in to take a selfie.\"\n\t\t\t\t\tclass=\"post-card-image\"\n\t\t\t\t>\n\t\t\t\t\t\t\t<img\n\t\t\tdecoding=\"async\"\n\t\t\tloading=\"lazy\"\n\t\t\twidth=\"680\"\n\t\t\theight=\"453\"\n\t\t\tsrc=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2023\/09\/Thumbnail-default-735-1.jpg?quality=80&#038;w=680\"\n\t\t\talt=\"Senior couple sitting down after the move in to take a selfie.\"\n\t\t\tclass=\"wp-post-image\"\n\t\t\t\t\t\tstyle=\"object-position: 50% 50%; \"\n\t\t\t\t\t\/>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t<div class=\"col-md-12 mob-mar-t-0\">\n\t\t\t\t\t\t\t<div class=\"inline-block pill-container pill-taxonomies\">\n\t\t\t\t\t<div class=\"mar-b-hlf mob-mar-b snipe pill is-style-blue-pill\">\n\t\t\t\t\t\t<a class=\"primary-taxonomy\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/real-estate\/\">\n\t\t\t\t\t\t\t<span>Real Estate<\/span>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/moving-101-the-freedom-of-downsizing\/\" class=\"h3 loop-post-title mar-t-0\">Moving 101: The Freedom of Downsizing<\/a>\n\t\t\t\t\t\t\t<p>Moving into a new space \u2014 with less stuff \u2014 can be liberating and help you to enjoy the next chapter of life.<\/p>\n\t\t\t\t\t<\/div>\n\t<\/div>\n<\/article>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-rbc-rbccom-latest-posts\">\n<article id=\"post-57872\" class=\"single-post-card-wrapper post-57872 rbc_my_money_matter type-rbc_my_money_matter status-publish has-post-thumbnail hentry tag-home-ownership tag-real-estate rbc_content_type-article rbc_lob_group-mortgage rbc_difficulty_level-beginner rbc_mmm_category-buying-a-home rbc_mmm_category-buying-your-next-home rbc_mmm_category-debt-stress-relief rbc_mmm_category-goals-aspirations rbc_mmm_category-managing-expenses rbc_mmm_category-refinancing-and-downsizing rbc_mmm_category-struggling-to-make-ends-meet\">\n  <div class=\"wp-block-rbc-single-post-card\">\n    <div class=\"latest-post-card\">\n      \t\t\t\t<div class=\"inline-block pill-container pill-taxonomies\">\n\t\t\t\t\t<div class=\"mar-b-hlf mob-mar-b snipe pill is-style-blue-pill\">\n\t\t\t\t\t\t<a class=\"primary-taxonomy\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/home-ownership\/\">\n\t\t\t\t\t\t\t<span>Home Ownership<\/span>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t              <a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/is-switching-or-breaking-your-mortgage-the-right-move-for-you-ask-these-5-questions-first\/\" class=\"h4 post-title mar-b-hlf mar-t-0 truncate-third-line\">Is Switching or Breaking Your Mortgage the Right Move for You? Ask These 5 Questions First<\/a>\n                    <p class=\"post-description\">Thinking about switching your mortgage to another lender? Before making the move, here are 5 questions to ask yourself.<\/p>\n          <\/div>\n  <\/div>\n<\/article>\n\n\n\n<article id=\"post-57675\" class=\"single-post-card-wrapper post-57675 rbc_my_money_matter type-rbc_my_money_matter status-publish hentry tag-home-ownership tag-real-estate rbc_content_type-article rbc_audience-newcomer rbc_audience-parents rbc_audience-seniors rbc_lob_group-mortgage rbc_difficulty_level-beginner rbc_mmm_category-buying-a-home rbc_mmm_category-buying-your-next-home rbc_mmm_category-goals-aspirations rbc_mmm_category-refinancing-and-downsizing\">\n  <div class=\"wp-block-rbc-single-post-card\">\n    <div class=\"latest-post-card\">\n      \t\t\t\t<div class=\"inline-block pill-container pill-taxonomies\">\n\t\t\t\t\t<div class=\"mar-b-hlf mob-mar-b snipe pill is-style-blue-pill\">\n\t\t\t\t\t\t<a class=\"primary-taxonomy\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/real-estate\/\">\n\t\t\t\t\t\t\t<span>Real Estate<\/span>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t              <a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/six-tips-to-help-you-prioritize-when-youre-downsizing-down-uf\/\" class=\"h4 post-title mar-b-hlf mar-t-0 truncate-third-line\">Six Tips to Help You Prioritize When You&#8217;re Downsizing<\/a>\n                    <p class=\"post-description\">We have six tips to help you make downsizing easier \u2013 leaving you to feel excited about your move.<\/p>\n          <\/div>\n  <\/div>\n<\/article>\n\n\n\n<article id=\"post-57873\" class=\"single-post-card-wrapper post-57873 rbc_my_money_matter type-rbc_my_money_matter status-publish has-post-thumbnail hentry tag-home-ownership tag-real-estate rbc_content_type-article rbc_lob_group-mortgage rbc_difficulty_level-beginner rbc_mmm_category-buying-a-home rbc_mmm_category-buying-your-next-home rbc_mmm_category-debt-stress-relief rbc_mmm_category-goals-aspirations rbc_mmm_category-managing-expenses rbc_mmm_category-refinancing-and-downsizing rbc_mmm_category-struggling-to-make-ends-meet\">\n  <div class=\"wp-block-rbc-single-post-card\">\n    <div class=\"latest-post-card\">\n      \t\t\t\t<div class=\"inline-block pill-container pill-taxonomies\">\n\t\t\t\t\t<div class=\"mar-b-hlf mob-mar-b snipe pill is-style-blue-pill\">\n\t\t\t\t\t\t<a class=\"primary-taxonomy\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/real-estate\/\">\n\t\t\t\t\t\t\t<span>Real Estate<\/span>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t              <a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/refinancing-your-home-what-when-how-and-why\/\" class=\"h4 post-title mar-b-hlf mar-t-0 truncate-third-line\">Refinancing Your Home: What, When, How and Why<\/a>\n                    <p class=\"post-description\">Has your home increased in value over the last few years? If so, now might be a good time to refinance and put that equity to work for you.<\/p>\n          <\/div>\n  <\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\t\n\t<div class=\"wp-block-tk-spacer id-0f90b33f-ffa9-4316-b532-e99c89db743f\" aria-hidden=\"true\"><\/div>\n\t\n\n\n<section class=\"wp-block-rbc-section-block section-cool-white pos-rel  pad-t-0 pad-b-0 overflow-hidden has-f-5-f-8-f-9-background-color has-background\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 pad-b-0\" style=\"border-radius:0x\">\t\n\t<div class=\"wp-block-tk-spacer id-4c70a375-1ecd-4ecc-a87a-1c06fd56f184\" aria-hidden=\"true\"><\/div>\n\t\n\n\n<h2 class=\"wp-block-heading mar-b-0 mar-t-0\" id=\"h-tools-calculators-and-courses\">Tools, Calculators and Courses<\/h2>\n\n\n\n<div class=\"wp-block-rbc-carousel-container is-layout-carousel-carousel is-mobile-per-page-1.2 is-desktop-per-page-3 is-style-full-height-shadow-overflow\"><div class=\"carousel-wpr top-controls desktop-top-right desktop-top-right-dots-hidden mobile-controls-hidden\" data-mobile-per-page=\"1.2\" aria-label=\"Carousel Container\" data-visible-slide=\"3\" data-infinite-loop=\"true\"><div class=\"carousel-ctrl\"><div class=\"carousel-indicators\"><\/div><button class=\"carousel-prev slick-arrow\" aria-label=\"previous slide\"><\/button><button class=\"carousel-next slick-arrow\" aria-label=\"next slide\"><\/button><\/div><div class=\"col-wpr eh-wpr carousel-inner\">\n<div class=\"wp-block-rbc-carousel-inner carousel-item carousel-item-card-link\" aria-label=\"Carousel slide\">\n<div class=\"wp-block-group has-white-background-color has-background is-layout-constrained wp-container-core-group-is-layout-5773cda6 wp-block-group-is-layout-constrained\" style=\"border-radius:8px;padding-top:24px;padding-right:24px;padding-bottom:24px;padding-left:24px\">\n<div class=\"wp-block-group is-content-justification-left is-layout-constrained wp-container-core-group-is-layout-3a5424e9 wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-rbc-icon-block\"><img loading=\"lazy\" decoding=\"async\" width=\"75\" height=\"75\" class=\"icon icon-80\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/\/assets\/img\/icons\/icon-tool.svg\" alt=\"icons\/icon-tool\" \/><\/div>\n<\/div>\n\n\n\t\n\t<div class=\"wp-block-tk-spacer id-c5d8d052-e591-4da3-87f2-6f73339830f3\" aria-hidden=\"true\"><\/div>\n\t\n\n\n<h3 class=\"wp-block-heading\" id=\"h-which-type-of-mortgage-is-right-for-me\"><a href=\"https:\/\/www.rbcroyalbank.com\/cgi-bin\/mortgage\/tools\/term-selector\/mortgage-selector-tool.cgi\" data-dig-id=\"LP-9500-3b003564\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"Which Type of Mortgage is Right For Me\" class=\"rbc-link-format\">Which Type of Mortgage is Right For Me<\/a><\/h3>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-rbc-carousel-inner carousel-item\" aria-label=\"Carousel slide\">\n<div class=\"wp-block-group has-white-background-color has-background is-layout-constrained wp-container-core-group-is-layout-5773cda6 wp-block-group-is-layout-constrained\" style=\"border-radius:8px;padding-top:24px;padding-right:24px;padding-bottom:24px;padding-left:24px\">\n<div class=\"wp-block-group is-content-justification-left is-layout-constrained wp-container-core-group-is-layout-3a5424e9 wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-rbc-icon-block\"><img loading=\"lazy\" decoding=\"async\" width=\"75\" height=\"75\" class=\"icon icon-80\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/\/assets\/img\/icons\/icon-tool.svg\" alt=\"icons\/icon-tool\" \/><\/div>\n<\/div>\n\n\n\t\n\t<div class=\"wp-block-tk-spacer id-6e109f16-05b2-4a61-8933-a53711cf0214\" aria-hidden=\"true\"><\/div>\n\t\n\n\n<h3 class=\"wp-block-heading\" id=\"h-rent-or-buy-calculator\"><a href=\"https:\/\/www.rbcroyalbank.com\/mortgage\/tools\/rentvsbuy\/index.html\" data-dig-id=\"LP-9500-f18b46a0\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"Rent or Buy Calculator\" class=\"rbc-link-format\">Rent or Buy Calculator<\/a><\/h3>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-rbc-carousel-inner carousel-item\" aria-label=\"Carousel slide\">\n<div class=\"wp-block-group has-white-background-color has-background is-layout-constrained wp-container-core-group-is-layout-5773cda6 wp-block-group-is-layout-constrained\" style=\"border-radius:8px;padding-top:24px;padding-right:24px;padding-bottom:24px;padding-left:24px\">\n<div class=\"wp-block-group is-content-justification-left is-layout-constrained wp-container-core-group-is-layout-3a5424e9 wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-rbc-icon-block\"><img loading=\"lazy\" decoding=\"async\" width=\"75\" height=\"75\" class=\"icon icon-80\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/\/assets\/img\/icons\/icon-tool.svg\" alt=\"icons\/icon-tool\" \/><\/div>\n<\/div>\n\n\n\t\n\t<div class=\"wp-block-tk-spacer id-d0a9bdd8-1dc3-4518-8d86-c519e2512f18\" aria-hidden=\"true\"><\/div>\n\t\n\n\n<h3 class=\"wp-block-heading\" id=\"h-rbc-home-value-estimator\"><a href=\"https:\/\/apps.royalbank.com\/apps\/home-value-estimator\" data-dig-id=\"LP-9500-60eecd9a\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"RBC Home Value Estimator\" class=\"rbc-link-format\">RBC Home Value Estimator<\/a><\/h3>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-rbc-carousel-inner carousel-item\" aria-label=\"Carousel slide\">\n<div class=\"wp-block-group has-white-background-color has-background is-layout-constrained wp-container-core-group-is-layout-5773cda6 wp-block-group-is-layout-constrained\" style=\"border-radius:8px;padding-top:24px;padding-right:24px;padding-bottom:24px;padding-left:24px\">\n<div class=\"wp-block-group is-content-justification-left is-layout-constrained wp-container-core-group-is-layout-3a5424e9 wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-rbc-icon-block\"><img loading=\"lazy\" decoding=\"async\" width=\"75\" height=\"75\" class=\"icon icon-80\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/\/assets\/img\/icons\/icon-tool.svg\" alt=\"icons\/icon-tool\" \/><\/div>\n<\/div>\n\n\n\t\n\t<div class=\"wp-block-tk-spacer id-7500bf57-723d-4d83-9dce-3f3040f4a23c\" aria-hidden=\"true\"><\/div>\n\t\n\n\n<h3 class=\"wp-block-heading\" id=\"h-mortgage-prepayment-charge-calculator\"><a href=\"https:\/\/www.rbcroyalbank.com\/cgi-bin\/mortgage\/tools\/prepayment\/prepayment-charge-calculator.cgi\" data-dig-id=\"LP-9500-9ea34f3a\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"Mortgage Prepayment Charge Calculator\" class=\"rbc-link-format\">Mortgage Prepayment Charge Calculator<\/a><\/h3>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-rbc-carousel-inner carousel-item\" aria-label=\"Carousel slide\">\n<div class=\"wp-block-group has-white-background-color has-background is-layout-constrained wp-container-core-group-is-layout-5773cda6 wp-block-group-is-layout-constrained\" style=\"border-radius:8px;padding-top:24px;padding-right:24px;padding-bottom:24px;padding-left:24px\">\n<div class=\"wp-block-group is-content-justification-left is-layout-constrained wp-container-core-group-is-layout-3a5424e9 wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-rbc-icon-block\"><img loading=\"lazy\" decoding=\"async\" width=\"75\" height=\"75\" class=\"icon icon-80\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/\/assets\/img\/icons\/icon-tool.svg\" alt=\"icons\/icon-tool\" \/><\/div>\n<\/div>\n\n\n\t\n\t<div class=\"wp-block-tk-spacer id-5b442593-cec3-4e79-ba7c-833c42f73511\" aria-hidden=\"true\"><\/div>\n\t\n\n\n<h3 class=\"wp-block-heading\" id=\"h-mortgage-payment-calculator\"><a href=\"https:\/\/apps.royalbank.com\/apps\/mortgages\/mortgage-payment-calculator\/?lang=en\" data-dig-id=\"LP-9500-7415438d\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"Mortgage Payment Calculator\" class=\"rbc-link-format\">Mortgage Payment Calculator<\/a><\/h3>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-rbc-carousel-inner carousel-item\" aria-label=\"Carousel slide\">\n<div class=\"wp-block-group has-white-background-color has-background is-layout-constrained wp-container-core-group-is-layout-5773cda6 wp-block-group-is-layout-constrained\" style=\"border-radius:8px;padding-top:24px;padding-right:24px;padding-bottom:24px;padding-left:24px\">\n<div class=\"wp-block-group is-content-justification-left is-layout-constrained wp-container-core-group-is-layout-3a5424e9 wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-rbc-icon-block\"><img loading=\"lazy\" decoding=\"async\" width=\"75\" height=\"75\" class=\"icon icon-80\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/\/assets\/img\/icons\/icon-tool.svg\" alt=\"icons\/icon-tool\" \/><\/div>\n<\/div>\n\n\n\t\n\t<div class=\"wp-block-tk-spacer id-4bdba078-26ca-43c0-9e05-d7c166699241\" aria-hidden=\"true\"><\/div>\n\t\n\n\n<h3 class=\"wp-block-heading\" id=\"h-mortgage-affordability-calculator\"><a href=\"https:\/\/www.rbcroyalbank.com\/mortgages\/tools\/mortgage-affordability-calculator\/index.html\" data-dig-id=\"LP-9500-d8497457\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"Mortgage Affordability Calculator\" class=\"rbc-link-format\">Mortgage Affordability Calculator<\/a><\/h3>\n<\/div>\n<\/div>\n<\/div><\/div><\/div>\n\n\n\t\n\t<div class=\"wp-block-tk-spacer id-4ebffd4c-2e27-47bb-924d-f6d9e93bf697\" aria-hidden=\"true\"><\/div>\n\t<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel pad-b-0 pad-t-0\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 pad-b-0\" style=\"border-radius:0x\">\t\n\t<div class=\"wp-block-tk-spacer id-a96f01a7-c6e7-4f6b-877b-16b2f027781c\" aria-hidden=\"true\"><\/div>\n\t\n\n\n<h2 class=\"wp-block-heading mar-t-0 mar-b-0\" id=\"h-more-from-refinancing-and-downsizing\">More From Refinancing and Downsizing<\/h2>\n\n\n\n<div class=\"wp-block-columns mar-b-0 is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:60%\">\t\t<div class=\" wp-block-rbc-latest-posts wp-block-rbc-latest-posts-type-2\">\n\t\t\t\n<article id=\"post-94413\" class=\"rbc-latest-posts-content-card-type-2 post-94413 rbc_my_money_matter type-rbc_my_money_matter status-publish has-post-thumbnail hentry tag-finding-home tag-home-ownership rbc_content_type-article rbc_lob_group-mortgage rbc_difficulty_level-beginner rbc_mmm_category-buying-a-home rbc_mmm_category-buying-your-first-home rbc_mmm_category-buying-your-next-home rbc_mmm_category-economics-101 rbc_mmm_category-goals-aspirations rbc_mmm_category-investment-property-and-vacation-home rbc_mmm_category-money-academy rbc_mmm_category-refinancing-and-downsizing rbc_mmm_category-understanding-interest-rates\">\n\t<div class=\"col-wpr display-flex mar-b-0\">\n\t\t\t\t\t<div class=\"col-xs-5 mar-b-0\">\n\t\t\t\t<div\n\t\t\t\t\trole=\"img\"\n\t\t\t\t\taria-label=\"A hand holds a disc with a percentage symbol on it, and upward and downward arrows over and below the disc to reflect the rate announcement on September 17, 2025.\"\n\t\t\t\t\tclass=\"post-card-image\"\n\t\t\t\t>\n\t\t\t\t\t\t\t<img\n\t\t\tdecoding=\"async\"\n\t\t\tloading=\"lazy\"\n\t\t\twidth=\"640\"\n\t\t\theight=\"427\"\n\t\t\tsrc=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2025\/07\/Sep-15_shutterstock_2438592943.jpg?quality=80&#038;w=640\"\n\t\t\talt=\"A hand holds a disc with a percentage symbol on it, and upward and downward arrows over and below the disc to reflect the rate announcement on September 17, 2025.\"\n\t\t\tclass=\"wp-post-image\"\n\t\t\t\t\t\/>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"mar-t-0 col-xs-7\">\n\t\t\t\t\t\t\t\t<div class=\"inline-block pill-container pill-taxonomies\">\n\t\t\t\t\t<div class=\"mar-b-hlf mob-mar-b snipe pill is-style-blue-pill\">\n\t\t\t\t\t\t<a class=\"primary-taxonomy\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/home-ownership\/\">\n\t\t\t\t\t\t\t<span>Home Ownership<\/span>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/money-academy\/economics-101\/understanding-interest-rates\/bank-of-canada-interest-rate-announcement\/\" class=\"h4 card-title loop-post-title mar-b-hlf mar-t-0 mar-b-0\">Bank of Canada Interest Rate Explained and How It Shapes Your Mortgage<\/a>\n\t\t\t\t\t\t\t\t\t<p class=\"mar-t-hlf\">Latest update: The Bank of Canada holds its interest rate at 2.25%. <\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t<\/article><!-- #post-94413 -->\n\n<article id=\"post-95913\" class=\"rbc-latest-posts-content-card-type-2 post-95913 rbc_my_money_matter type-rbc_my_money_matter status-publish has-post-thumbnail hentry tag-finding-home tag-home-ownership rbc_content_type-article rbc_lob_group-mortgage rbc_difficulty_level-beginner rbc_mmm_category-buying-a-home rbc_mmm_category-buying-your-first-home rbc_mmm_category-buying-your-next-home rbc_mmm_category-economics-101 rbc_mmm_category-goals-aspirations rbc_mmm_category-investment-property-and-vacation-home rbc_mmm_category-money-academy rbc_mmm_category-refinancing-and-downsizing rbc_mmm_category-understanding-interest-rates\">\n\t<div class=\"col-wpr display-flex mar-b-0\">\n\t\t\t\t\t<div class=\"col-xs-5 mar-b-0\">\n\t\t\t\t<div\n\t\t\t\t\trole=\"img\"\n\t\t\t\t\taria-label=\"Happy young couple using a laptop and credit card in their first home\"\n\t\t\t\t\tclass=\"post-card-image\"\n\t\t\t\t>\n\t\t\t\t\t\t\t<img\n\t\t\tdecoding=\"async\"\n\t\t\tloading=\"lazy\"\n\t\t\twidth=\"640\"\n\t\t\theight=\"427\"\n\t\t\tsrc=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2025\/11\/image-to-switch-out.jpg_draft_1.jpeg?quality=80&#038;w=640\"\n\t\t\talt=\"Happy young couple using a laptop and credit card in their first home\"\n\t\t\tclass=\"wp-post-image\"\n\t\t\t\t\t\/>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"mar-t-0 col-xs-7\">\n\t\t\t\t\t\t\t\t<div class=\"inline-block pill-container pill-taxonomies\">\n\t\t\t\t\t<div class=\"mar-b-hlf mob-mar-b snipe pill is-style-blue-pill\">\n\t\t\t\t\t\t<a class=\"primary-taxonomy\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/finding-home\/\">\n\t\t\t\t\t\t\t<span>Finding Home<\/span>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/money-academy\/economics-101\/understanding-interest-rates\/how-the-fhsa-and-lower-interest-rates-can-help-you-buy-your-first-home\/\" class=\"h4 card-title loop-post-title mar-b-hlf mar-t-0 mar-b-0\">How the FHSA and Lower Interest Rates Can Help You Buy Your First Home<\/a>\n\t\t\t\t\t\t\t\t\t<p class=\"mar-t-hlf\">Buying Your First Home with FHSA and Lower Rates \u2013 My Money Matters<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t<\/article><!-- #post-95913 -->\n\n<article id=\"post-57738\" class=\"rbc-latest-posts-content-card-type-2 post-57738 rbc_my_money_matter type-rbc_my_money_matter status-publish has-post-thumbnail hentry tag-cross-border tag-home-ownership rbc_content_type-article rbc_lob_group-cross-border rbc_difficulty_level-intermediate rbc_mmm_category-buying-a-home rbc_mmm_category-buying-or-refinancing-a-us-property rbc_mmm_category-goals-aspirations rbc_mmm_category-home-building-and-renovations rbc_mmm_category-investment-property-and-vacation-home rbc_mmm_category-living-in-the-us rbc_mmm_category-refinancing-and-downsizing rbc_mmm_category-travel-and-cross-border\">\n\t<div class=\"col-wpr display-flex mar-b-0\">\n\t\t\t\t\t<div class=\"col-xs-5 mar-b-0\">\n\t\t\t\t<div\n\t\t\t\t\trole=\"img\"\n\t\t\t\t\taria-label=\"A U.S. vacation home with a fire pit and mountains in the background\"\n\t\t\t\t\tclass=\"post-card-image\"\n\t\t\t\t>\n\t\t\t\t\t\t\t<img\n\t\t\tdecoding=\"async\"\n\t\t\tloading=\"lazy\"\n\t\t\twidth=\"640\"\n\t\t\theight=\"427\"\n\t\t\tsrc=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2023\/09\/3_Ways_to_Use_the_Equity_Thumbnail-default-2.jpg?quality=80&#038;w=640\"\n\t\t\talt=\"A U.S. vacation home with a fire pit and mountains in the background\"\n\t\t\tclass=\"wp-post-image\"\n\t\t\t\t\t\/>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"mar-t-0 col-xs-7\">\n\t\t\t\t\t\t\t\t<div class=\"inline-block pill-container pill-taxonomies\">\n\t\t\t\t\t<div class=\"mar-b-hlf mob-mar-b snipe pill is-style-blue-pill\">\n\t\t\t\t\t\t<a class=\"primary-taxonomy\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/cross-border\/\">\n\t\t\t\t\t\t\t<span>Cross-Border<\/span>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/travel-and-cross-border\/buying-or-refinancing-a-us-property\/4-ways-to-use-the-equity-in-your-u-s-home\/\" class=\"h4 card-title loop-post-title mar-b-hlf mar-t-0 mar-b-0\">4 Ways to Use the Equity in Your U.S. Home<\/a>\n\t\t\t\t\t\t\t\t\t<p class=\"mar-t-hlf\">Use the equity built up in your U.S. home for goals on either side of the border.<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t<\/article><!-- #post-57738 -->\n\n\t\t<\/div>\n\n\t\t<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:10%\"><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:30%\">\t\n\t<div class=\"wp-block-tk-spacer id-41dd01be-55ea-4393-848e-5cd7200b9c5d\" aria-hidden=\"true\"><\/div>\n\t<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\t\n\t<div class=\"wp-block-tk-spacer id-baaf8581-02a3-4b28-957b-1fce61a7387e\" aria-hidden=\"true\"><\/div>\n\t\n\n\n<section class=\"wp-block-rbc-section-block section-cool-white pos-rel  pad-t-0 pad-b-0 overflow-hidden has-f-5-f-8-f-9-background-color has-background\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 pad-b-0\" style=\"border-radius:0x\">\t\n\t<div class=\"wp-block-tk-spacer id-d92b28e8-9f02-48cb-8c84-34e9da56cd00\" aria-hidden=\"true\"><\/div>\n\t\n\n\n<h2 class=\"wp-block-heading mar-b-0 mar-t-0\" id=\"h-product-solutions\">Product Solutions<\/h2>\n\n\n\n<div class=\"wp-block-rbc-carousel-container is-layout-carousel-carousel is-mobile-per-page-1.2 is-desktop-per-page-3 default is-style-full-height-shadow-overflow\"><div class=\"carousel-wpr top-controls desktop-top-right desktop-top-right-dots-hidden mobile-controls-hidden\" data-mobile-per-page=\"1.2\" aria-label=\"Carousel Container\" data-visible-slide=\"3\" data-infinite-loop=\"true\"><div class=\"carousel-ctrl\"><div class=\"carousel-indicators\"><\/div><button class=\"carousel-prev slick-arrow\" aria-label=\"previous slide\"><\/button><button class=\"carousel-next slick-arrow\" aria-label=\"next slide\"><\/button><\/div><div class=\"col-wpr eh-wpr carousel-inner\">\n<div class=\"wp-block-rbc-carousel-inner carousel-item carousel-item-card-link\" aria-label=\"Carousel slide\">\n<div class=\"wp-block-group has-white-background-color has-background is-layout-constrained wp-container-core-group-is-layout-5773cda6 wp-block-group-is-layout-constrained\" style=\"border-radius:8px;padding-top:24px;padding-right:24px;padding-bottom:24px;padding-left:24px\">\n<h3 class=\"wp-block-heading\" id=\"h-mortgage-specialist-locator\"><a href=\"https:\/\/www.rbcroyalbank.com\/mortgages\/specialist-locator\/index.html\" data-dig-id=\"LP-9500-795c99df\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"Mortgage Specialist Locator\" class=\"rbc-link-format\">Mortgage Specialist Locator<\/a><\/h3>\n\n\n\t\n\t<div class=\"wp-block-tk-spacer id-bda85bac-7404-4783-9f66-b2a0fcf22d00\" aria-hidden=\"true\"><\/div>\n\t\n\n\n<p>Connect with an RBC Mortgage Specialist.<\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-rbc-carousel-inner carousel-item carousel-item-card-link\" aria-label=\"Carousel slide\">\n<div class=\"wp-block-group has-white-background-color has-background is-layout-constrained wp-container-core-group-is-layout-5773cda6 wp-block-group-is-layout-constrained\" style=\"border-radius:8px;padding-top:24px;padding-right:24px;padding-bottom:24px;padding-left:24px\">\n<h3 class=\"wp-block-heading\" id=\"h-home-protector-insurance\"><a href=\"https:\/\/apps.royalbank.com\/apps\/creditor-insurance\/homeprotector\/?lang=en\" data-dig-id=\"LP-9500-fd0169bf\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"Home Protector Insurance\" class=\"rbc-link-format\">Home Protector Insurance<\/a><\/h3>\n\n\n\t\n\t<div class=\"wp-block-tk-spacer id-4700548c-4819-4b6e-94e9-af81be06b67f\" aria-hidden=\"true\"><\/div>\n\t\n\n\n<p>Get a HomeProtector Insurance Quote in Minutes.<\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-rbc-carousel-inner carousel-item carousel-item-card-link\" aria-label=\"Carousel slide\">\n<div class=\"wp-block-group has-white-background-color has-background is-layout-constrained wp-container-core-group-is-layout-5773cda6 wp-block-group-is-layout-constrained\" style=\"border-radius:8px;padding-top:24px;padding-right:24px;padding-bottom:24px;padding-left:24px\">\n<h3 class=\"wp-block-heading\" id=\"h-refinancing-your-mortgage\"><a href=\"https:\/\/www.rbcroyalbank.com\/mortgages\/home-refinancing.html\" data-dig-id=\"LP-57287-6547d8b3\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"Refinancing your Mortgage\" class=\"rbc-link-format\">Refinancing your Mortgage<\/a><\/h3>\n\n\n\t\n\t<div class=\"wp-block-tk-spacer id-ac1bfc5b-a356-4554-9e8b-6dc446633340\" aria-hidden=\"true\"><\/div>\n\t\n\n\n<p>Unlock your home equity with RBC.<\/p>\n<\/div>\n<\/div>\n<\/div><\/div><\/div>\n\n\n\t\n\t<div class=\"wp-block-tk-spacer id-1c91e0ee-3041-4f19-8d79-1d3c05d8440e\" aria-hidden=\"true\"><\/div>\n\t<\/div>\n<\/section>\n\n\n\t\n\t<div class=\"wp-block-tk-spacer id-d9a1476c-6e19-42df-95cd-dc35f0fc8e4b\" aria-hidden=\"true\"><\/div>\n\t\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel pad-b-0 pad-t-0\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 pad-b-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-columns mar-b-0 is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:60%\">\t\t<div class=\" wp-block-rbc-latest-posts wp-block-rbc-latest-posts-type-2\">\n\t\t\t\n<article id=\"post-96826\" class=\"rbc-latest-posts-content-card-type-2 post-96826 rbc_my_money_matter type-rbc_my_money_matter status-publish has-post-thumbnail hentry tag-finding-home tag-real-estate rbc_content_type-article rbc_audience-indigenous rbc_audience-newcomer rbc_audience-parents rbc_audience-relationships rbc_audience-seniors rbc_audience-students rbc_audience-youth rbc_lob_group-mortgage rbc_difficulty_level-intermediate rbc_mmm_category-buying-a-home rbc_mmm_category-buying-your-first-home rbc_mmm_category-goals-aspirations\">\n\t<div class=\"col-wpr display-flex mar-b-0\">\n\t\t\t\t\t<div class=\"col-xs-5 mar-b-0\">\n\t\t\t\t<div\n\t\t\t\t\trole=\"img\"\n\t\t\t\t\taria-label=\"A wooden toy house next to a notepad\"\n\t\t\t\t\tclass=\"post-card-image\"\n\t\t\t\t>\n\t\t\t\t\t\t\t<img\n\t\t\tdecoding=\"async\"\n\t\t\tloading=\"lazy\"\n\t\t\twidth=\"640\"\n\t\t\theight=\"424\"\n\t\t\tsrc=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/07\/HOME-BUYING-_1.jpg?quality=80&#038;w=640\"\n\t\t\talt=\"A wooden toy house next to a notepad\"\n\t\t\tclass=\"wp-post-image\"\n\t\t\t\t\t\/>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"mar-t-0 col-xs-7\">\n\t\t\t\t\t\t\t\t<div class=\"inline-block pill-container pill-taxonomies\">\n\t\t\t\t\t<div class=\"mar-b-hlf mob-mar-b snipe pill is-style-blue-pill\">\n\t\t\t\t\t\t<a class=\"primary-taxonomy\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/real-estate\/\">\n\t\t\t\t\t\t\t<span>Real Estate<\/span>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/buying-your-first-home\/how-much-money-do-you-really-need-to-buy-your-first-home-in-canada\/\" class=\"h4 card-title loop-post-title mar-b-hlf mar-t-0 mar-b-0\">How much money do you really need to buy your first home in Canada?<\/a>\n\t\t\t\t\t\t\t\t\t<p class=\"mar-t-hlf\">Planning to buy your first home in Canada? There\u2019s more to it than mortgages and down payments. Learn about hidden costs and investment strategies&#8230;<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t<\/article><!-- #post-96826 -->\n\n<article id=\"post-96722\" class=\"rbc-latest-posts-content-card-type-2 post-96722 rbc_my_money_matter type-rbc_my_money_matter status-publish has-post-thumbnail hentry tag-family tag-personal-finance rbc_content_type-article rbc_difficulty_level-beginner rbc_mmm_category-goals-aspirations rbc_mmm_category-living-in-retirement rbc_mmm_category-planning-for-retirement rbc_mmm_category-retirement\">\n\t<div class=\"col-wpr display-flex mar-b-0\">\n\t\t\t\t\t<div class=\"col-xs-5 mar-b-0\">\n\t\t\t\t<div\n\t\t\t\t\trole=\"img\"\n\t\t\t\t\taria-label=\"Adult children and retired parents sitting together on a couch showing how to talk to aging parents about money in a comfortable, collaborative setting.\"\n\t\t\t\t\tclass=\"post-card-image\"\n\t\t\t\t>\n\t\t\t\t\t\t\t<img\n\t\t\tdecoding=\"async\"\n\t\t\tloading=\"lazy\"\n\t\t\twidth=\"640\"\n\t\t\theight=\"414\"\n\t\t\tsrc=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/02\/shutterstock_2490670013_talking-to-aging-parents-about-money.jpg?quality=80&#038;w=640\"\n\t\t\talt=\"Adult children and retired parents sitting together on a couch showing how to talk to aging parents about money in a comfortable, collaborative setting.\"\n\t\t\tclass=\"wp-post-image\"\n\t\t\t\t\t\/>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"mar-t-0 col-xs-7\">\n\t\t\t\t\t\t\t\t<div class=\"inline-block pill-container pill-taxonomies\">\n\t\t\t\t\t<div class=\"mar-b-hlf mob-mar-b snipe pill is-style-blue-pill\">\n\t\t\t\t\t\t<a class=\"primary-taxonomy\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/family\/\">\n\t\t\t\t\t\t\t<span>Family<\/span>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/retirement\/planning-for-retirement\/how-to-talk-to-aging-parents-about-money\/\" class=\"h4 card-title loop-post-title mar-b-hlf mar-t-0 mar-b-0\">How to Talk to Aging Parents About Money<\/a>\n\t\t\t\t\t\t\t\t\t<p class=\"mar-t-hlf\">Talking to elderly relatives about finances can feel awkward and emotional. Learn when to start the conversation, what to discuss and how to approach&#8230;<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t<\/article><!-- #post-96722 -->\n\n<article id=\"post-57668\" class=\"rbc-latest-posts-content-card-type-2 post-57668 rbc_my_money_matter type-rbc_my_money_matter status-publish has-post-thumbnail hentry tag-pension tag-savings rbc_content_type-article rbc_audience-seniors rbc_lob_group-business rbc_difficulty_level-beginner rbc_mmm_category-goals-aspirations rbc_mmm_category-planning-for-retirement rbc_mmm_category-retirement\">\n\t<div class=\"col-wpr display-flex mar-b-0\">\n\t\t\t\t\t<div class=\"col-xs-5 mar-b-0\">\n\t\t\t\t<div\n\t\t\t\t\trole=\"img\"\n\t\t\t\t\taria-label=\"Young couple using the laptop in the bed at home\"\n\t\t\t\t\tclass=\"post-card-image\"\n\t\t\t\t>\n\t\t\t\t\t\t\t<img\n\t\t\tdecoding=\"async\"\n\t\t\tloading=\"lazy\"\n\t\t\twidth=\"640\"\n\t\t\theight=\"427\"\n\t\t\tsrc=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/01\/The-Million-dollar-retirement.jpg?quality=80&#038;w=640\"\n\t\t\talt=\"Young couple using the laptop in the bed at home\"\n\t\t\tclass=\"wp-post-image\"\n\t\t\t\t\t\/>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"mar-t-0 col-xs-7\">\n\t\t\t\t\t\t\t\t<div class=\"inline-block pill-container pill-taxonomies\">\n\t\t\t\t\t<div class=\"mar-b-hlf mob-mar-b snipe pill is-style-blue-pill\">\n\t\t\t\t\t\t<a class=\"primary-taxonomy\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/savings\/\">\n\t\t\t\t\t\t\t<span>Savings<\/span>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/retirement\/planning-for-retirement\/million-dollar-myth\/\" class=\"h4 card-title loop-post-title mar-b-hlf mar-t-0 mar-b-0\">How Much Do You Really Need to Retire Comfortably in Canada? Debunking the Million Dollar Myth<\/a>\n\t\t\t\t\t\t\t\t\t<p class=\"mar-t-hlf\">How much do you need to retire? The million-dollar myth is out. Instead, focus on your individual needs to determine your savings goal.<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t<\/article><!-- #post-57668 -->\n\t\t\t\t\t<div class=\"load-more-button text-center mob-pad-t-hlf pad-t\">\n\t\t\t\t\t\t<button class=\"btn tertiary mar-t-0\">View More Articles<\/button>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t<\/div>\n\n\t\t<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:10%\"><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:30%\">\t\n\t<div class=\"wp-block-tk-spacer id-7b81a507-1290-41de-8e21-c4b0e4b43557\" aria-hidden=\"true\"><\/div>\n\t<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\t\n\t<div class=\"wp-block-tk-spacer id-5d8208f6-b90d-48ac-b946-41a7ccbb9143\" aria-hidden=\"true\"><\/div>\n\t<style class=\"advgb-styles-renderer\">\n\t\t.wp-block-tk-spacer.id-6d4ee28d-4375-4b06-adcf-22b5fd7e9906 {\n\t\theight: 64px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-6d4ee28d-4375-4b06-adcf-22b5fd7e9906 {\n\t\t\theight: 64px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-0f90b33f-ffa9-4316-b532-e99c89db743f {\n\t\theight: 96px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-0f90b33f-ffa9-4316-b532-e99c89db743f {\n\t\t\theight: 64px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-4c70a375-1ecd-4ecc-a87a-1c06fd56f184 {\n\t\theight: 96px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-4c70a375-1ecd-4ecc-a87a-1c06fd56f184 {\n\t\t\theight: 64px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-c5d8d052-e591-4da3-87f2-6f73339830f3 {\n\t\theight: 24px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-c5d8d052-e591-4da3-87f2-6f73339830f3 {\n\t\t\theight: 24px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-6e109f16-05b2-4a61-8933-a53711cf0214 {\n\t\theight: 24px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-6e109f16-05b2-4a61-8933-a53711cf0214 {\n\t\t\theight: 24px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-d0a9bdd8-1dc3-4518-8d86-c519e2512f18 {\n\t\theight: 24px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-d0a9bdd8-1dc3-4518-8d86-c519e2512f18 {\n\t\t\theight: 24px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-7500bf57-723d-4d83-9dce-3f3040f4a23c {\n\t\theight: 24px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-7500bf57-723d-4d83-9dce-3f3040f4a23c {\n\t\t\theight: 24px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-5b442593-cec3-4e79-ba7c-833c42f73511 {\n\t\theight: 24px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-5b442593-cec3-4e79-ba7c-833c42f73511 {\n\t\t\theight: 24px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-4bdba078-26ca-43c0-9e05-d7c166699241 {\n\t\theight: 24px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-4bdba078-26ca-43c0-9e05-d7c166699241 {\n\t\t\theight: 24px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-4ebffd4c-2e27-47bb-924d-f6d9e93bf697 {\n\t\theight: 66px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-4ebffd4c-2e27-47bb-924d-f6d9e93bf697 {\n\t\t\theight: 34px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-a96f01a7-c6e7-4f6b-877b-16b2f027781c {\n\t\theight: 96px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-a96f01a7-c6e7-4f6b-877b-16b2f027781c {\n\t\t\theight: 64px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-41dd01be-55ea-4393-848e-5cd7200b9c5d {\n\t\theight: 32px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-41dd01be-55ea-4393-848e-5cd7200b9c5d {\n\t\t\theight: 1px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-baaf8581-02a3-4b28-957b-1fce61a7387e {\n\t\theight: 96px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-baaf8581-02a3-4b28-957b-1fce61a7387e {\n\t\t\theight: 64px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-d92b28e8-9f02-48cb-8c84-34e9da56cd00 {\n\t\theight: 96px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-d92b28e8-9f02-48cb-8c84-34e9da56cd00 {\n\t\t\theight: 64px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-bda85bac-7404-4783-9f66-b2a0fcf22d00 {\n\t\theight: 24px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-bda85bac-7404-4783-9f66-b2a0fcf22d00 {\n\t\t\theight: 24px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-4700548c-4819-4b6e-94e9-af81be06b67f {\n\t\theight: 24px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-4700548c-4819-4b6e-94e9-af81be06b67f {\n\t\t\theight: 24px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-ac1bfc5b-a356-4554-9e8b-6dc446633340 {\n\t\theight: 24px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-ac1bfc5b-a356-4554-9e8b-6dc446633340 {\n\t\t\theight: 24px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-1c91e0ee-3041-4f19-8d79-1d3c05d8440e {\n\t\theight: 66px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-1c91e0ee-3041-4f19-8d79-1d3c05d8440e {\n\t\t\theight: 34px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-d9a1476c-6e19-42df-95cd-dc35f0fc8e4b {\n\t\theight: 96px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-d9a1476c-6e19-42df-95cd-dc35f0fc8e4b {\n\t\t\theight: 64px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-7b81a507-1290-41de-8e21-c4b0e4b43557 {\n\t\theight: 32px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-7b81a507-1290-41de-8e21-c4b0e4b43557 {\n\t\t\theight: 1px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-5d8208f6-b90d-48ac-b946-41a7ccbb9143 {\n\t\theight: 96px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-5d8208f6-b90d-48ac-b946-41a7ccbb9143 {\n\t\t\theight: 64px;\n\t\t}\n\t}\t<\/style>","protected":false},"excerpt":{"rendered":"","protected":false},"author":90,"featured_media":0,"parent":57257,"menu_order":0,"template":"","meta":{"_acf_changed":false,"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"tags":[],"rbc_content_type":[],"rbc_audience":[],"rbc_lob_group":[],"rbc_difficulty_level":[],"rbc_mmm_category":[310,303,340],"class_list":["post-57287","rbc_my_money_matter","type-rbc_my_money_matter","status-publish","hentry","rbc_mmm_category-buying-a-home","rbc_mmm_category-goals-aspirations","rbc_mmm_category-refinancing-and-downsizing"],"acf":{"contently_publication_id":"","custom_author":"","rbc_video_header":"","rbc_media_duration":"","rbc_toc_for_mmm_tag":"h2","rbc_toc_for_mmm_limit":6,"rbc_toc_for_mmm":null,"rbc_toc_for_mmm_action":"Generate Table Of Contents"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<meta name=\"description\" content=\"Thinking about refinancing or downsizing your home? Explore tips to help you make the right move\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:description\" content=\"Thinking about refinancing or downsizing your home? Explore tips to help you make the right move\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/\" \/>\n<meta property=\"og:site_name\" content=\"RBC Royal Bank\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-02T21:14:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/\/assets\/img\/icons\/icon-tool.svg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/\"},\"author\":{\"name\":\"Md Miraz Kabir\",\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/#\/schema\/person\/3dd4d6b89786bef9ec09bb85220150a4\"},\"headline\":\"Refinancing and Downsizing\",\"datePublished\":\"2023-07-31T18:46:29+00:00\",\"dateModified\":\"2026-02-02T21:14:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/\"},\"wordCount\":84,\"image\":{\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/\/assets\/img\/icons\/icon-tool.svg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/\",\"url\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/\",\"name\":\"Refinancing and Downsizing \u2013 My Money Matters\",\"isPartOf\":{\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/\/assets\/img\/icons\/icon-tool.svg\",\"datePublished\":\"2023-07-31T18:46:29+00:00\",\"dateModified\":\"2026-02-02T21:14:02+00:00\",\"description\":\"Thinking about refinancing or downsizing your home? Explore tips to help you make the right move\",\"breadcrumb\":{\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/#primaryimage\",\"url\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/\/assets\/img\/icons\/icon-tool.svg\",\"contentUrl\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/\/assets\/img\/icons\/icon-tool.svg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"My Money Matters\",\"item\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Goals and Aspirations\",\"item\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Buying a Home\",\"item\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Refinancing and Downsizing\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/#website\",\"url\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/\",\"name\":\"RBC Royal Bank\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/#\/schema\/person\/3dd4d6b89786bef9ec09bb85220150a4\",\"name\":\"Md Miraz Kabir\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/6ad7746723544ad2e37dcebddfb31e77e2a79526c8dc509d41f200ffe75e2799?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/6ad7746723544ad2e37dcebddfb31e77e2a79526c8dc509d41f200ffe75e2799?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/6ad7746723544ad2e37dcebddfb31e77e2a79526c8dc509d41f200ffe75e2799?s=96&d=mm&r=g\",\"caption\":\"Md Miraz Kabir\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"description":"Thinking about refinancing or downsizing your home? Explore tips to help you make the right move","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/","og_locale":"en_US","og_type":"article","og_description":"Thinking about refinancing or downsizing your home? Explore tips to help you make the right move","og_url":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/","og_site_name":"RBC Royal Bank","article_modified_time":"2026-02-02T21:14:02+00:00","og_image":[{"url":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/\/assets\/img\/icons\/icon-tool.svg","type":"","width":"","height":""}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/#article","isPartOf":{"@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/"},"author":{"name":"Md Miraz Kabir","@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/#\/schema\/person\/3dd4d6b89786bef9ec09bb85220150a4"},"headline":"Refinancing and Downsizing","datePublished":"2023-07-31T18:46:29+00:00","dateModified":"2026-02-02T21:14:02+00:00","mainEntityOfPage":{"@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/"},"wordCount":84,"image":{"@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/#primaryimage"},"thumbnailUrl":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/\/assets\/img\/icons\/icon-tool.svg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/","url":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/","name":"Refinancing and Downsizing \u2013 My Money Matters","isPartOf":{"@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/#primaryimage"},"image":{"@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/#primaryimage"},"thumbnailUrl":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/\/assets\/img\/icons\/icon-tool.svg","datePublished":"2023-07-31T18:46:29+00:00","dateModified":"2026-02-02T21:14:02+00:00","description":"Thinking about refinancing or downsizing your home? Explore tips to help you make the right move","breadcrumb":{"@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/#primaryimage","url":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/\/assets\/img\/icons\/icon-tool.svg","contentUrl":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/\/assets\/img\/icons\/icon-tool.svg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"My Money Matters","item":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/"},{"@type":"ListItem","position":2,"name":"Goals and Aspirations","item":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/"},{"@type":"ListItem","position":3,"name":"Buying a Home","item":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/"},{"@type":"ListItem","position":4,"name":"Refinancing and Downsizing"}]},{"@type":"WebSite","@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/#website","url":"https:\/\/www.rbcroyalbank.com\/en-ca\/","name":"RBC Royal Bank","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.rbcroyalbank.com\/en-ca\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/#\/schema\/person\/3dd4d6b89786bef9ec09bb85220150a4","name":"Md Miraz Kabir","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/6ad7746723544ad2e37dcebddfb31e77e2a79526c8dc509d41f200ffe75e2799?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/6ad7746723544ad2e37dcebddfb31e77e2a79526c8dc509d41f200ffe75e2799?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6ad7746723544ad2e37dcebddfb31e77e2a79526c8dc509d41f200ffe75e2799?s=96&d=mm&r=g","caption":"Md Miraz Kabir"}}]}},"parsely":{"version":"1.1.0","canonical_url":"https:\/\/rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/","smart_links":{"inbound":0,"outbound":0},"traffic_boost_suggestions_count":0,"meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Refinancing and Downsizing","url":"http:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/buying-a-home\/refinancing-and-downsizing\/"},"thumbnailUrl":"","image":{"@type":"ImageObject","url":""},"articleSection":"Uncategorized","author":[{"@type":"Person","name":"Md Miraz Kabir"}],"creator":["Md Miraz Kabir"],"publisher":{"@type":"Organization","name":"RBC Royal Bank","logo":""},"keywords":[],"dateCreated":"2023-07-31T18:46:29Z","datePublished":"2023-07-31T18:46:29Z","dateModified":"2026-02-02T21:14:02Z"},"rendered":"<script type=\"application\/ld+json\" class=\"wp-parsely-metadata\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Refinancing and Downsizing\",\"url\":\"http:\\\/\\\/www.rbcroyalbank.com\\\/en-ca\\\/my-money-matters\\\/goals-aspirations\\\/buying-a-home\\\/refinancing-and-downsizing\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.rbcroyalbank.com\\\/en-ca\\\/my-money-matters\\\/goals-aspirations\\\/buying-a-home\\\/refinancing-and-downsizing\\\/\"},\"thumbnailUrl\":\"\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"\"},\"articleSection\":\"Uncategorized\",\"author\":[{\"@type\":\"Person\",\"name\":\"Md Miraz Kabir\"}],\"creator\":[\"Md Miraz Kabir\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"RBC Royal Bank\",\"logo\":\"\"},\"keywords\":[],\"dateCreated\":\"2023-07-31T18:46:29Z\",\"datePublished\":\"2023-07-31T18:46:29Z\",\"dateModified\":\"2026-02-02T21:14:02Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/rbcroyalbank.com\/p.js"},"featured_img":false,"coauthors":[],"author_meta":{"author_link":"https:\/\/www.rbcroyalbank.com\/en-ca\/author\/mirazkabir\/","display_name":"Md Miraz Kabir"},"relative_dates":{"created":"Posted 3 years ago","modified":"Updated 2 months ago"},"absolute_dates":{"created":"Posted on July 31, 2023","modified":"Updated on February 2, 2026"},"absolute_dates_time":{"created":"Posted on July 31, 2023 6:46 pm","modified":"Updated on February 2, 2026 4:14 pm"},"featured_img_caption":"","tax_additional":{"post_tag":{"linked":[],"unlinked":[],"slug":"post_tag","name":"Tags"},"rbc_content_type":{"linked":[],"unlinked":[],"slug":"rbc_content_type","name":"Content Types"},"rbc_audience":{"linked":[],"unlinked":[],"slug":"rbc_audience","name":"Audiences"},"rbc_lob_group":{"linked":[],"unlinked":[],"slug":"rbc_lob_group","name":"LOB Groups"},"rbc_difficulty_level":{"linked":[],"unlinked":[],"slug":"rbc_difficulty_level","name":"Difficulty Levels"},"rbc_mmm_category":{"linked":["<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/mmm-category\/buying-a-home\/\" class=\"advgb-post-tax-term\">Buying a Home<\/a>","<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/mmm-category\/goals-aspirations\/\" class=\"advgb-post-tax-term\">Goals &amp; Aspirations<\/a>","<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/mmm-category\/refinancing-and-downsizing\/\" class=\"advgb-post-tax-term\">Refinancing and Downsizing<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">Buying a Home<\/span>","<span class=\"advgb-post-tax-term\">Goals &amp; Aspirations<\/span>","<span class=\"advgb-post-tax-term\">Refinancing and Downsizing<\/span>"],"slug":"rbc_mmm_category","name":"Categories"},"ep_custom_result":{"linked":[],"unlinked":[],"slug":"ep_custom_result","name":"Custom Results"}},"series_order":"","jetpack_sharing_enabled":true,"primary_tag":"","primary_rbc_mmm_category":"340","_links":{"self":[{"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/rbc_my_money_matter\/57287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/rbc_my_money_matter"}],"about":[{"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/types\/rbc_my_money_matter"}],"author":[{"embeddable":true,"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/users\/90"}],"version-history":[{"count":7,"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/rbc_my_money_matter\/57287\/revisions"}],"predecessor-version":[{"id":96608,"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/rbc_my_money_matter\/57287\/revisions\/96608"}],"up":[{"embeddable":true,"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/rbc_my_money_matter\/57257"}],"wp:attachment":[{"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/media?parent=57287"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/tags?post=57287"},{"taxonomy":"rbc_content_type","embeddable":true,"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/rbc_content_type?post=57287"},{"taxonomy":"rbc_audience","embeddable":true,"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/rbc_audience?post=57287"},{"taxonomy":"rbc_lob_group","embeddable":true,"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/rbc_lob_group?post=57287"},{"taxonomy":"rbc_difficulty_level","embeddable":true,"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/rbc_difficulty_level?post=57287"},{"taxonomy":"rbc_mmm_category","embeddable":true,"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/rbc_mmm_category?post=57287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}