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

Over-leveraged homeowners remain vulnerable to lenders

  6/29/2022 | Posted in Canadian HELOC by Sam Cuda & Nancy Cuda
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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 rising ... More

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

  4/30/2020 | Posted in Canadian HELOC by Sam Cuda & Nancy Cuda
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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 ... More

Canadian banks expected to tighten home equity line of credit access
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