Tag: home equity

  • Should You Take Out a Second Mortgage?

    Should You Take Out a Second Mortgage?

    With housing prices cooling off a bit but still generally soaring in cities across Canada, many homeowners are asking themselves how they can cash in on the market without actually having to sell their property. For many, a second mortgage will be the ideal way to do so.   Second mortgages are one of the perfect mortgage…

  • How to Use Your Home Equity to Deal with Unexpected Housing Costs

    How to Use Your Home Equity to Deal with Unexpected Housing Costs

    If you don’t have any available savings, your home equity can provide an immediate source of funds.  Even the most responsible homeowners can find themselves faced with an unexpected home emergency repair or maintenance issue without the cash on hand to deal with it. If this is you, you are not alone. There are solutions available that…