Consolidating your debts
You might want to get rid of other loans and consolidate your debts into one loan.
You may have money owing on credit cards and by refinancing you can remove all these smaller debts and have only your new refinanced home loan to pay.
The most important thing to look at is if refinancing will place you in a better position than you would be if you stuck with your current loan. I can go through the sums with you to show you the costs involved in changing home loans, as well as your projected savings.