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Home Equity

Many people find that one of the easiest and most affordable ways to access money is through the equity that they have accumulated in their home. This is a very popular option, especially when you have an excellent first mortgage in place

Using Home Equity to your Advantage

Leverage the power of your home equity for strategic financial benefits. Explore opportunities for investments, debt management, funding education, and making home improvements while tapping into the potential advantages of using your home equity wisely.
Diverse Motivation for Homeownerships
Canadians buy homes for stability, seeing it as a secure investment and a personal haven. Reasons range from building equity to investing and relishing the stability of homeownership.
Changing Trends in Borrowing Services:
Lower interest rates drive Canadians to buy first homes and refinance existing loans, tapping into home equity for improvements, investments, education, and debt consolidation.
Shift in Perception of Home Equity
Canadians now leverage home equity for investments, debt management, education, home improvements, and RRSP savings, recognizing strategic advantages.
Caution in Equity Utilization
Using home equity requires careful consideration and understanding of risks. Consulting with licensed professionals is crucial to align decisions with financial goals.
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