WHAT IS A HELOC? THEY ARE GROWING FAST!!
Sunday Dec 12th, 2021
Canada’s total HELOC load continued exhibiting robust growth to reach a total of $270.2 billion in September, according to data from the Bank of Canada. # SANDI HALPERN # SOLD # LEASED # MORTGAGE # HELOC
A HELOC is a line of credit that a borrow takes against their home. You are using your house as collateral, or as a piggy bank to pull out equity in your home.