Limitations to face-to-face contact has created new challenges for real estate agents and homebuyers during the COVID-19 pandemic.
The impact of the COVID-19 pandemic could lead to a global recession. Here’s how you can build your savings and reduce monthly to prepare for a downturn.
Reduce your mortgage quicker with these simple hacks.
Sell and leaseback programs, which allow a homeowner to sell their house but continue living in it under the new owner, give Boomers the chance to tap into equity and stay in the family home. Sounds like a win-win situation – but is it a good idea?
Have debt you just can’t seem to pay down? Check out our 12 Months to Being Debt Free series! January kicks off with prepping your pay-off plan. Read on to learn more.
What are reverse mortgages and how do they work? Many baby boomers turn to this finance product to free home additional cash – but that debt comes at a price. Here’s what you need to know.
ATB is offering a 3% rate on their HELOCs – the lowest rate in Canada! Available in Alberta until May 31, this makes it more affordable for home owners to access their equity – but is it a good idea to take out a loan when national interest rates are low?
There seems to be a lot of confusion out there among current homeowners over their Home Equity Line of Credit (HELOC) options: what exactly are they and when should they be used? While you may be familiar with the idea of tapping into your home’s equity in a pinch, the truth is that a HELOC …
Could you use a little extra cash? In today’s tough economy, who couldn’t? This week on Money Wise, we’re exploring an increasingly popular method of borrowing – a home equity line of credit. The problem – many Canadians don’t know what they are, and with household debt levels at record highs, HELOCs can add even more fuel to the fire.