u/Acceptable-Pear7742

Hi everyone- posting for some guidance. I have my renewal rates and they are really good rates compared to what I’m seeing out there, but I need to refinance my mortgage because I plan on doing some renovations and consolidating some debts.
Would the rate change if I choose to refinance instead? Asking so I know how to approach negotiating with my advisor.
Thanks!
Edit
I’m being offered 3.8 3 yr fixed and 3.71 5 yr variable if that helps