2022 Mid Year Returns and New Housing Rules - Earnings Roundup
The Canadian Investor
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Refinance a Home Equity Line of Credit - What Is Helock?
Ospi is implementing new guide lines will have an effect on sharquity mortgages, reverse mortgages and home equities lines of credits, helocks. A survey found that 24 % of home owners who had a home equity line of credit often or always, pay interest only on their heelock loans. So i'm interested to see how this affects that 24 per number in terms of if they're actually willing to pay down this debt, or if it becomes a priority.
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