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Toronto and Vancouver Homeowners See HELOC Payments Jump

Toronto and Vancouver real estate owners are flocking to home equity loans. Canada Mortgage and Housing Corporation (CMHC) numbers show debt payments increased in almost every segment in Q1 2019. The largest growth was in home equity lines of credit (HELOC). Obligated payments for HELOCs grew at almost 3x the rate of the second fastest […]

The post Toronto and Vancouver Homeowners See HELOC Payments Jump appeared first on Better Dwelling.

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