7/5/2022 | Posted in Canadian HELOC by Russell Pearsall
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A much anticipated federal clampdown on a new mortgage product that sinks over-leveraged homeowners deeper into debt has fizzled.

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Over-leveraged homeowners remain vulnerable to lenders

  6/29/2022 | Posted in Canadian HELOC by Russell Pearsall
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Home equity lines of credit (HELOCs) were a common way for Canadian homeowners to tap into their home’s equity during the long run of low interest rates and rapidly ... More

27% of homeowners have a HELOC, half paying down principal: Poll

  4/30/2020 | Posted in Canadian HELOC by Russell Pearsall
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Canadian banks may clamp down on HELOCs to reduce the risk of spikes in sour loans, which the banks are already bracing for

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Canadian banks expected to tighten home equity line of credit access
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